what is the company's cash flows from operating activities?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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| Selected Balance Sheet Information | Year 2020 | Year 2021 |
| Cash | 40,000 | ? |
| 10,000 | 14,000 | |
| Prepaid Rent | 5,000 | 6,000 |
| Inventory | 35,000 | 30,000 |
| Accounts Payable | 3,000 | 2,000 |
| Unearned Revenue | 5,000 | 7,000 |
| Income Taxes Payable | 14,000 | 12,000 |
| Other Relevant Information for 2021 | ||
| Beginning Cash Balance | 40,000 | |
| Net Income | 65,000 | |
| 40,000 | ||
| Cash Paid for Dividends | 10,000 | |
| Cash Received for Loan | 40,000 | |
| Cash Repaying Loan | 10,000 | |
| Cash Payment to Purchase Land | 12,000 | |
| Cash Received for Sale of Equipment | 15,000 | |
| Gain on Sale of Equipment | 5,000 | |
| Cash Received for Issuance of Stock | 10,000 | |
Given the above information, what is the company's
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