he comparative balance sheet of Barry Company for Years 1 and 2 ended December 31 appears below in condensed form: ​   Year 2  Year 1  Cash $72,000 $42,500 Accounts receivable (net) 61,000 70,200 Inventories  121,000  105,000 Investments  —  100,000 Equipment 515,000 425,000 Accumulated depreciation—equipment   (153,000) (175,000)   $616,000 $567,700       Accounts payable $59,750 $47,250 Bonds payable —  75,000 Common stock, $20 par  375,000 325,000 Premium on common stock  50,000 25,000 Retained earnings  131,250 95,450    $616,000 $567,700 ​ Additional data for the current year are as follows: (a) Net income, $75,800. (b) Depreciation reported on income statement, $38,000. (c) Fully depreciated equipment costing $60,000 was scrapped, no salvage, and equipment was purchased for $150,000. (d) Bonds payable for $75,000 were retired by payment at their face amount. (e) 2,500 shares of common stock were issued at $30 for cash. (f) Cash dividends declared and paid, $40,000. (g) Investments of $100,000 were sold for $125,000. ​ What are the net cash flows from operating, investing, and financing activities for Year 2? ​

The comparative balance sheet of Barry Company for Years 1 and 2 ended December 31 appears below in condensed form:

  Year 2  Year 1 
Cash $72,000 $42,500
Accounts receivable (net) 61,000 70,200
Inventories  121,000  105,000
Investments   100,000
Equipment 515,000 425,000
Accumulated depreciation—equipment   (153,000) (175,000)
  $616,000 $567,700
     
Accounts payable $59,750 $47,250
Bonds payable  75,000
Common stock, $20 par  375,000 325,000
Premium on common stock  50,000 25,000
Retained earnings  131,250 95,450
   $616,000 $567,700

Additional data for the current year are as follows:

(a)

Net income, $75,800.

(b)

Depreciation reported on income statement, $38,000.

(c)

Fully depreciated equipment costing $60,000 was scrapped, no salvage, and equipment was purchased for $150,000.

(d)

Bonds payable for $75,000 were retired by payment at their face amount.

(e)

2,500 shares of common stock were issued at $30 for cash.

(f)

Cash dividends declared and paid, $40,000.

(g)

Investments of $100,000 were sold for $125,000.

What are the net cash flows from operating, investing, and financing activities for Year 2?

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