Question: Question 1 (4 Marks) You are given the following information for Gryffindor Inc: 2020: Current Assets = $1,295 Current Liabilities = $390 2021: Current Assets

Question 1 (4 Marks) You are given the following information for Gryffindor Inc: 2020: Current Assets = $1,295 Current Liabilities = $390 2021: Current Assets $1,217 Current Liabilities $405 Revenue = $785 Cost of Goods Sold - $460 Depreciation $210 Interest - $35 Tax rate 35% During 2021, Gryffindor Inc. purchased some long-term assets for $1,623 and sold other long- term assets for $1,680 What is the cash flow of the firm (ie Cash flow of the assets) for 2021

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