The following 2009 information relates to Raddatz, Inc.:
|
Net Income
|
$365,000
|
|
Depreciation Expense
|
96,000
|
|
Amortization of Intangible Assets
|
11,000
|
|
Beginning Accounts Receivable
|
420,000
|
|
Ending Accounts Receivable
|
439,000
|
|
Beginning Inventory
|
516,000
|
|
Ending Inventory
|
560,000
|
|
Beginning Prepaid Expenses
|
48,000
|
|
Ending Prepaid Expenses
|
42,000
|
|
Beginning Accounts Payable
|
119,000
|
|
Ending Accounts Payable
|
146,000
|
|
Purchase of Long-Term Assets for Cash
|
661,000
|
|
Cash from Issuance of Long-Term Debt
|
200,000
|
|
Issuance of Stock for Cash
|
160,000
|
|
Purchase of Treasury Stock
|
63,000
|
|
Sale of Long-Term Investment at Cost
|
39,000
|
A. How much are the net cash flows from investing activities? Is it a net source or use of cash?
B. How much are the net cash flows from financing activities? Is it a net source or use of cash?