Maines, Inc., had a cash balance at the beginning of the year of $72,000. During the year, the following cash flows occurred:From operating activities . . . . . . . . . . . . . . . . . $136,000From investing activities . . . . . . . . . . . . . . . . . . (56,000)From financing activities . . . . . . . . . . . . . . . . . . (34,000)Prepare an abbreviated statement of cash flows, including a reconciliation of the beginning and ending cash balances for the year.

Waterway company’s record of transactions for the month of april was as follows. purchases sales april 1 (balance on hand) 672 @ $6.00 april 3 560 @ $11.00 4 1,680 @ 6.08 9 1,568 @ 11.00 8 896 @ 6.41 11 672 @ 12.00 13 1,344 @ 6.51 23 1,344 @ 12.00 21 784 @ 6.61 27 1,008 @ 13.00 29 560 @ 6.79 5,152 5,936 (a) calculate average-cost per unit. (b) assuming that periodic inventory records are kept in units only, compute the inventory at april 30 using lifo and average-cost. (c) assuming that perpetual inventory records are kept in dollars, determine the inventory using (1) fifo and (2) lifo. (d) compute cost of goods sold assuming periodic inventory procedures and inventory priced at fifo.