Answer Happy

Revise your calculations based the new information provided below and then answer the questions that follow. Inflows: Issue common stock Sell inventory to customers Issue notes payable. Sell land Earn interest on investments Sell patent Outflows: Purchase equipment Purchase inventory Purchase treasury stock Repay notes payable. Pay salaries Pay dividends Beginning cash Operating Investing Financing 2. What is the revised ending cash balance? $132,000 151,360 93,280 172,480 Ending cash balance 3,520 107,360 $316,800 66,880 70,400 Required: 1. What is the revised amount of operating, investing and financing cash flows? (Net outflows should be indicated by a minus sign.) 52,800 68,640 26,400 $93,280