Hampton Industries had $56,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $100,000 — the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$220,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. $ If accruals increased by $15,000, receivables and inventories increased by $200,000, and depreciation and amortization totaled $15,000, what was the firm's net income? $
Hampton Industries had $56,000 in cash at year-end 2020 and $16,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $100,000 — the majority having a useful life greater than 20 years and falling under the alternative
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