ABC Company has completed the basic format to be used in preparing the statement of cash flows (indirect method). Listed below in random order are line items to be included in the statement of cash flows.

Purchase of equipment	$ 2,300
Decrease in inventory	333
Increase in prepaid rent	60
Payment of dividends	400
Depreciation expense	194
Increase in accounts receivable	500
Increase in accounts payable	230
Gain on sale of land	126
Net income	1,100
Repayment of notes payable	483
Cash received from the sale of land	57
Issuance of common stock	2,470

Required:

What is the net cash provided by operating activities?

multiple choice 1

• $1,171 inflow

• $1,423 inflow

• $505 inflow

• $369 inflow

What is the net cash provided by investing activities?

multiple choice 2

• $2,243 outflow

• $2,369 outflow

• $2,049 outflow

• $2,175 outflow

What is the net cash flow by financing activities?

multiple choice 3

• $1,587 inflow

• $1,987 inflow

• $2,070 inflow

• $2,470 inflow