You are required to do the following:

1)Using the information provided in M12-13 Textbook p. 589, complete a Statement of Cash Flow for Tech Gear Corporation (you may use year-end December 2021 for the date).

2) Evaluate the cash flows included in your completed statement. Refer to pp.571-573 as your guide for the evaluation. You may also be guided by the following questions:

• Does the company generate sufficient cash from the use of current assets and liabilities (or operating activities)?
• What are its major sources (inflows) and uses (outflows) of cash during the period?
• Did the companys cash balance increase or decrease during the period? How much?
• Based on the cash flows from three activities, is the company healthy overall? Why do you say so?

M12-13 Calculating Cash Flows Tech Gear Corp. started the year with $100,000 cash and reported net cash provided by operating activities of $200,000, cash paid for dividends of $40,000, cash received from stock issuance of $30,000, cash paid for equipment purchases of $150,000, cash paid for intangible assets of $100,000, and cash paid on bank loan of $35,000. Calculate the following: 1. Net cash provided by (used in) investing activities. 2. Net cash provided by (used in) financing activities. 3. Ending cash. 4. Free cash flow