Question: 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

 USE THE DATA IN THE TABLE BELOW TO ANSWER THE FOLLOWING

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

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