2. The following information reflects cash flow and other activities of Framer Company for six months ended June 30:
Paid for equipment $45,000
Paid for income taxes 3,000
Paid for insurance 1,000
Paid for interest 900
Paid for utilities 790
Paid for advertising 560
Paid for owners 5,000
Paid for suppliers 28,000
Paid for employees 17,000
Depreciation expense 13,500
Received from customers 99,000
Received from issuing long-term 40,000
Received from sale of land 18,000
(a) What are the net cash flows from operating activities for the period?
(b) What are the net flows from investing activities for the period?
(c) What are net cash flows from financing activities for period?
(d) What was the net change in cash for the period?