Hampton Industries had $54,000 in cash at year-end 2018 and $26,000 in cash at year-end 2019. The firm invested in property, plant, and equipment totaling $230,000 — the majority having a useful life greater than 20 years and falling under the alternative depreciation system. Cash flow from financing activities totaled +$100,000. Round your answers to the nearest dollar, if necessary.
What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign.
$
If accruals increased by $50,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $21,000, what was the firm's net income?
$