Below is an income statement for Boulder Hill, Inc., for the year ended December 31, 2012, and the company€™s balance sheets as of December 31, 2011, and 2012.
The prepaid expenses and accrued liabilities included in Boulder Hill€™s balance sheets involve selling or general (operating) expenses. All of Boulder Hill€™s sales and merchandise purchases are made on a credit basis.

Required
Determine the following amounts:
a. Cash spent on new equipment ______.
b. Net amount of investing cash flows ______.
c. Cash received from issuing stock ______.
d. Cash paid to suppliers of inventory ______.
e. Cash paid for selling and general expenses ______.
f. Cash received from the sale of land ______.
g. Cash received from the sale of equipment ______.
h. Cash received from customers ______.
i. Cash paid for dividends ______.
j. Net amount of operating cash flows ______.
k. Net amount of financing cash flows ______.

Boulder Hill, Inc. Income Statement For the Year Ended December 31,2012 Sales Cost of goods sold Gross profit Operating expenses: $94,000 (37,000) $57,000 $14,700 6,300 Selling & general expenses Depreciation expense Operating income Loss on sale of land Income before income tax Income tax expense (21,000 36,000 33,600 (13440) Net income $20,160 Boulder Hill, Inc. Balance Sheets December 31,2011 and 2012 2012 2011 Assets Cash Accounts receivable Inventory Prepaid expenses Total current assets Equipment Less acc. depreciation Investment in land Total assets Liabilities Accounts payable Accrued liabilities 40,200 13,900 14,300 770 69,170 $13,300 11,600 16,100 1430 42,430 $57,200 24,200) $57,200 (17,900) 33,000 39,300 5,600 $87,330 $102,170 5,700 4,000 9700 7,800 3,600 Total current liabilities Stockholder's Equity Common stock Additional paid-in capital Retained earnings Total stockholder's equity Total liabilities and stockholder's equity 5,300 17,170 70,000 92,470 $102,170 4,800 6,630 64,500 $87,330