Statement of Cash Flows W.C. Cycling had $48,000 of cash at year-end 2011 and $13,000 in cash at year-end 2012. The firm invested in property, plant, and equipment totaling $210,000. Cash flow from financing activities totaled +$180,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities?
If accruals increased by $15,000, receivables and inventories increased by $140,000, and depreciation and amortization totaled $45,000, what was the firm's net income?