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ashleyjohnson2002
ashleyjohnson2002
07.07.2020 • 
Business

For the years ending December 31, 2011 and 2012 2011 2012
Cash 800 300
Accounts receivable 3,700 3,000
Inventory 8,400 10,200
Current assets 12,900 13,500
Net fixed assets 34,500 42,600
Total assets 47,400 56,100

Notes payable 1,600
Accounts payable 1,000 800
Accruals 600 700
Current liabilities 1,600 3,100
Long-term debt 10,700 10,000
Common stock 6,000 8,000
Capital surplus 18,900 24,100
Retained earnings 10,200 10,900
Total liabilities and equity 47,400 56,100

In its 2011 income statement, Jefferson Inc. reported net income of $1,150 and depreciation expense of $290. On its 2012 income statement, the company reported net income of $2,080 and depreciation expense of $370. Based on this information (and given the company's balance sheets for 2011 and 2012 in the table above), compute Net Cash Flows from Operating Activities for Jefferson in 2012. Record your answer as a dollar rounded (if necessary) to the nearest whole dollar, but do not include a dollar sign or any commas in your answer. Also, if your answer is a negative value, place a hyphen (i.e., -) before your answer with no space between the - and the number. For example, record -$23,426.9234 as -23427.

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