Question: Using the data in the tables below, compute Net Cash Flow from Operating Activities for Crimson Penguin, Inc. for Year 2 : Crimson Penguin, Incorporated

Using the data in the tables below, compute Net Cash Flow from Operating Activities for Crimson Penguin, Inc. for Year 2: Crimson Penguin, Incorporated Balance Sheets for the Years Ending December 31,( All amounts are in dollars) Year 216,080 Cash Year 119,30030,880200,72020.100229.140 Accounts receivable Inventory Total current assets Gross fixed assets ( Accumulated depreciation ) Net fixed assets 250,900193,000265,320205,020(68,340)136,680(57,900)135,100386,000402,000 Total assets Notes payable Accounts payable Accruals Total current liabilities Long - term debt Common stock Capital surplus Retained earnings Total liabilities and equity 30,88069,4807,720108,08054,04011,580115,80096,50040,20076,38012,060128,64028,14020,100124,620100,500402,000386,000 Additional Data from Company Income Statement ( s) Sales in Year 2=825000 Net income in Year 2=4,110 Record your answer as a dollar amount with no decimal places , but do not record a dollar sign or any commas . For example , record $ 10,280.38 as 10280. If your answer is a negative amount , put a hyphen before the number with no space between the number and the hyphen For example , record negative 38 as -38 Your Answer :

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