Response to the following problem:
Hampton Industries had $40,000 in cash at year-end 2015 and $19,000 in cash at year-end 2016. The firm invested in property, plant, and equipment totaling $300,000. Cash flow from financing activities totaled +$160,000. Round your answers to the nearest dollar, if necessary.
What was the cash flow from operating activities? Enter cash outflows with a minus sign.
If accruals increased by $40,000, receivables and inventories increased by $55,000, and depreciation and amortization totaled $11,000, what was the firm's net income?