You need the balance sheet and income statement from Big Pete's Store to answer the following $2$ questions.

What are operating cash flows for $2021?$

What are the cash flows from assets for $2022?$

Big Pete's Store Balance Sheet as of December $31$

ASSETS

$2020$

$2021$

$2022$

$\mathrm{.}15$

$q,$

Current Assets

Cash

Accounts Receivable

Inventory

TOTAL

Fixed Assets

Net Plant and Equipment

TOTAL ASSETS

TOTAL ASSETS

LIABILITIES AND EQUITY

LIABILITIES AND EQUITY

$q,$

Current Liabilities

Accounts payable

Notes payable

Total

Long$-$term debt

Stockholders' Equity

Common Stock and Paid$-$in Surplus

Retained Earnings

Total Stockholder's Eq

$

$50$

$100$

$150$

$300$

$150$

$150100$

$500$

$500$

$2000$

$2000,1900$

$2300$

$2300$

$2400$

$2400$

$250$

$100$

$250$

$600$

$600$

$1800$

$1800$

$2400$

$\backslash$table$[[\backslash$table$[[$Fixed Assets$],[$Net Plant and Equipment$]],2000,1900,1800],[$TOTAL ASSETS,$2300,2400,2400]]$

Big Pete's Store

INCOME STATEMENT

as of December $31$

$\mathrm{.}16$

Net Sales

Cost$-$of$-$goods sold

Depreciation

$2021$

$2022$

$\backslash$table$[[,2021,2022],[$Net Sales,$1,000,2,000],[$Cost$-$of$-$goods sold,$600,1200],[$Depreciation$,100,100],[$Earnings before interest and taxes,$300,700],[$Interest$,0,0],[$Taxable Income,$300,700],[$Taxes$,50,200],[$Net Income,$250,500],[$Retained Earnings,$100,0],[$Dividends$,150,500]]$