Question: Please help in solving 25-27. USE THE INFORMATION BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS Mellon Company Balance Sheet For the Years Ending December 31,

Please help in solving 25-27.

Please help in solving 25-27. USE THE INFORMATION
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 6,780 Inventory 6,450 7,180 Total current assets 15,370 15,780 Gross fixed assets 102,860 108,690 (Accumulated depreciation) (14,980) (16,460) Net fixed assets 87,880 92,230 Land 12,560 14,860 Total assets 115,810 122,870 Notes payable 1,870 1,960 Accounts payable 820 860 Accruals 480 380 Current portion of LT Debt 6,850 8,990 Total current liabilities 10,020 12,190 Long-term debt 71,620 76,520 Common stock 8,000 7,130 Paid in capital 21,480 20,410 Retained earnings 4,690 6,620 Total liabilities and equity 115,810 122,870 Additional Data from 2018 Income Statement: Sales in 2018 479,650 Net income in 2018 17,260 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

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