Question 28-30

USE THE DATA IN THE TABLE BELOW TO ANSWER THE FOLLOWING 3 QUESTIONS StepCurry, Incorporated Balance Sheets for the Years Ending December 31, (All amounts are in dollars) Year 1 Year 2 Cash 2,140 2,460 Accounts receivable 12,840 13,530 Inventory 20,330 24,600 Total current assets 35,310 40,590 Net fixed assets* 71,690 82,410 Total assets 107,000 123,000 Notes payable 3,210 2,460 Accounts payable 9,630 9,840 Accruals 1,070 3,690 Total current liabilities 13,910 15,990 Long-term debt 25,680 25,830 Common stock 22,470 28,290 Capital surplus 5,350 7,380 Retained earnings 39,590 45,510 Total liabilities and equity 107,000 123,000 Additional Data from Company Income Statement(s): Sales in Year 2 246,000 Net income in Year 2 4,920 Depreciation expense in Year 1 8,560 Depreciation expense in Year 2 11,070 * No long-term assets were sold in either Year 1 or Year 2 28. What did StepCurry, Incorporated report as Net Cash Flow from Operating Activities for Year 2? 29. What did StepCurry, Incorporated report as Net Cash Flow from Investing Activities for Year 2? 30. What did StepCurry, Incorporated report as Net Cash Flow from Financing Activities for Year 2