Creek Company reported net loss of P1,000,000 for 2016. The entity provided the following comparative balance

 

The trading securities were acquired for cash on December 31 2016. 

Required

Calculate the cash flow from operating activities for 2016,

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Trading securities Accounts receivable Notes receivable-trade Inventory Prepaid expenses Accounts payable Accrued expenses Equipment Accumulated depreciation 2016 500,000 1.200,000 500,000 3,000,000 150,000 850,000 100,000 4,000,000 2,800,000 2015 1,600,000 400,000 3,900,000 350.000 600,000 400,000 4,000,000 2,000,000 Trading securities Accounts receivable Notes receivable-trade Inventory Prepaid expenses Accounts payable Accrued expenses Equipment Accumulated depreciation 2016 500,000 1.200,000 500,000 3,000,000 150,000 850,000 100,000 4,000,000 2,800,000 2015 1,600,000 400,000 3,900,000 350.000 600,000 400,000 4,000,000 2,000,000

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