Please help solve this and show work for better understanding:

CP $14-8$

Assume the following income statement and balance sheet

information:

Other information: The short$-$term investments are riskless and will be

converted to a known amount of cash in $60$ days. Borrowings are non$-$

current. No gain or loss occurred when common stock was

repurchased.

Required:

Calculate cash flow from operating activities.

Prepare the $2020$ statement of changes in equity.

Calculate cash flow from financing activities.

$($Appendix$)$ Prepare a cash flow table. Show that cash effects net to

a $$450$ outflow.