Please answer 25-27

Preview File Edit View Go Tools Window Help 19% Thu 9:49 PM Q = THPS 2 - Fall 2019.pdf (page 5 of 8) [ v Q Search THPS 2 - Fall 2019.pdf USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS Mellon Company Balance Sheet For the Years Ending December 31, 2017 and 2018 (All figures in dollars) 2017 2018 Cash 1,400 1,820 Accounts receivable 7.520 5,870 Inventory 6,450 7,180 5 Total current assets 15,370 15,870 Gross fixed assets .02,860 108,960 (Accumulated depreciation) (14,980) 16,470) Net fixed assets 87,880 92,490 Land 12,560 14,860 Total assets 115,810 123,220 Notes payable 870 960 Accounts payable 820 960 Accruals 480 380 Current portion of LT Debt 6,850 8,020 Total current liabilities 10,020 11,320 Long-term deb 71,620 76,520 Common stoc 8,000 7,600 Paid in capital 1,480 20,960 Retained earnings 4,690 6,820 Total liabilities and equity 115,810 123,220 Additional Data from 2018 Income Statement: Sales in 2018 479,650 Net income in 2018 12,760 6 25. Calculate the Cash flows from operating activities for 2018. 26. Calculate the Cash flows from investing activities for 2018 27. Calculate the Cash flows from financing activities for 2018. 102,860 108 960 3