Question: Hampton Industries had $ 6 4 , 0 0 0 in cash at year - end 2 0 2 0 and $ 2 3 ,

Hampton Industries had $64,000 in cash at year-end 2020 and $23,000 in cash at year-end 2021. The firm invested in property, plant, and equipment totaling $180,000 the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$120,000. Round your answers to the nearest dollar, if necessary. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. $ If accruals increased by $30,000, receivables and inventories increased by $195,000, and depreciation and amortization totaled $29,000, what was the firm's net income?

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