Please show me how to calculate the following data:
1. net cash flow used by operating activities
2. net cash flow used by investing activities
3. net cash flow used by financing activities
4. net decrease in cash during the year
5. cash balance at the end of the year
Cash receipts from:
Customers $270,000
Investments by owners 54,000
Sale of building 90,000
Proceeds from bank loan 60,000
Cash payments for:
Wages 82,000
Utilities 3,000
Advertising 4,000
Rent 36,000
Taxes 67,000
Dividends 20,000
Repayment of principal on loan 40,000
Purchase of land 106,000
Cash balance at beginning of year 386,000
