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STATEMENT OF CASH FLOWS   W.C. Cycling had $55,000 in cash at year-end 2014 and $25,000 in...

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Finance

STATEMENT OF CASH FLOWS   W.C. Cycling had $55,000 incash at year-end 2014 and $25,000 in cash at year-end 2015. Thefirm invested in property, plant, and equipment totaling $250,000.Cash flow from financing activities totaled  $170,000.
a.   What was the cash flow from operatingactivities?

b.   If accruals increased by $25,000, receivables andinventories increased by $100,000,
and depreciation and amortization totaled $10,000, what was thefirm’s net income?

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