Problem 18 Intro Below is the balance sheet for Northern Comfort Company for December 31 of 2015 and 2016. 2015 2016 2015 2016 900 1,100 Accounts payable 2,700 3,300 3,300 5,400 6,600 8,100 9,900 9,900 12,100 18,000 22,000 Total liab. & equity 18,000 22,000 Cash Accounts receivable Inventory Current assets Net fixed assets Total assets 2,700 2,700 3,300 Long-term debt 6,300 7,700 Total liabilities 11,700 14,300 3,300 Current liabilities 2,700 Equity The income statement for 2016 is also given: Amount 52,800 29,040 Depreciation 5,280 18,480 5,280 3,300 Net income 9,900 Sales Cost EBIT Interest Taxes The company paid $7.700 in dividends to shareholders at the end of the year Part What was the cash flow from operating activities? No decimals Submit P~ Attempt 1 /10 for 10 pts. 8 Part 2 What was the cash flow from long-term investing activities? No decimals Submit Attempt 1 /10 for 10 pts. 8 I- Part 3 What was the cash flow from financing activities? No decimals Submit Part 4 What was the net cash flow for the year? IB Attempt 1/10 for 10 pts