Intro

Nollaney Corp. had $$60,000$ in cash at the end of $2023$ and $$72,000$ at the end of $2024.$ The firm invested a total of $$308,000$ in property, plant, and equipment. Total cash flow from financing activites was $$280,000.$

Part $1$

Attempt $\frac{1}{10}$ for $1$ pts$.$

What was the cash flow from operating activities?

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Part $2$

Attempt $\frac{1}{10}$ for $1$ pts$.$

If accounts recelvable and inventories increased by $$85,000($total$),$ accounts payable increased by $$14,000,$ and depreciation added up to $$79,000,$ what was the firm's net income?

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