(Solution) - The controller of Newstrom Software Inc provides the followin -(2025 Original AI-Free Solution)

Paper Details

The controller of Newstrom Software, Inc., provides the following information as the basis for a statement of cash flows:
Cash collected from customers .................. $794,000
Cash paid for interest ..................... 22,100
Cash paid to employees and other suppliers of goods and services .... 215,000
Cash paid to suppliers of merchandise ............... 388,000
Cash received from the issuance of long-term debt .......... 12,700
Cash received from sale of equipment .............. 44,000
Cash received from sale of long-term investments .......... 71,400
Income taxes paid ...................... 58,300
Payment of dividends ..................... 24,000
Principal payments on mortgage payable ............. 50,000
Principal payments on long-term debt ............... 15,000
Proceeds from the issuance of common stock ............ 85,000
Purchase of equipment ..................... 120,000
Purchase of long-term investments ................. 83,000

Required:
1. Using the information provided above, calculate the net cash provided (used) by operating activities.
2. Using the information provided above, calculate the net cash provided (used) by investing activities.
3. Using the information provided above, calculate the net cash provided (used) by financing activities.