[The following information applies to the questionsdisplayed below.]

Ravenna Company is a merchandiser that uses the indirect methodto prepare the operating activities section of its statement ofcash flows. Its balance sheet for this year is as follows:

	Ending Balance			Beginning Balance
Cash and cash equivalents	$	110,200		$	132,350
Accounts receivable		87,800			94,600
Inventory		117,900			107,500
Total current assets		315,900			334,450
Property, plant, and equipment		312,000			301,000
Less accumulated depreciation		104,000			75,250
Net property, plant, and equipment		208,000			225,750
Total assets	$	523,900		$	560,200
Accounts payable	$	68,800		$	122,200
Income taxes payable		53,400			71,500
Bonds payable		129,000			107,500
Common stock		150,500			129,000
Retained earnings		122,200			130,000
Total liabilities and stockholders’ equity	$	523,900		$	560,200

During the year, Ravenna paid a $12,900 cash dividend and itsold a piece of equipment for $6,450 that had originally cost$15,000 and had accumulated depreciation of $10,000. The companydid not retire any bonds or repurchase any of its own common stockduring the year.

10A) Would the operating activities section of the company’sstatement of cash flows contain an adjustment for a gain or a loss?What would be the amount and direction (+ or ?) of theadjustment?

10B) What is the amount of net cash provided by (used in)operating activities in the company’s statement of cash flows?

10C) What is the amount of gross cash outflows reported in theinvesting section of the company’s statement of cash flows?

10D) What is the company’s net cash provided by (used in)investing activities?

10E) What is the amount of gross cash inflows reported in thefinancing section of the company’s statement of cash flows?

10F) What is the company’s net cash provided by (used in)financing activities?