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	$ 2,230
Decrease in inventory	323
Increase in prepaid rent	85
Payment of dividends	390
Depreciation expense	164
Increase in accounts receivable	480
Increase in accounts payable	240
Gain on sale of land	121
Net income	1,170
Repayment of notes payable	433
Cash received from the sale of land	42
Issuance of common stock	2,400

Required:

What is the net cash provided by operating activities?

multiple choice 1

• $1,211 inflow

• $1,453 inflow

• $565 inflow

• $479 inflow

What is the net cash provided by investing activities?

multiple choice 2

• $2,188 outflow

• $2,309 outflow

• $2,024 outflow

• $2,145 outflow

What is the net cash flow by financing activities?

multiple choice 3

• $1,577 inflow

• $1,967 inflow

• $2,010 inflow

• $2,400 inflow