... $734,500 Net cash provided by operating activities ($49,500) Cash flows from Investing Purchase of Machinery ($212,500) Total Cash flows from investing activities ($212,500) Cash flows from Financing Sale of stock $375,000 Total cash flow from financing activities $375,000 Cash Summary Net increase ( decrease) in Cash -49,500 + -212,500 + 375,000 $113,000 Cash on January 1, 2003 $0 Cash on June 30, 2003 $113,000 5. How would you have reported to stockholders on the financial performance of Chemalite, Inc., for its first year, January 1, 2003 to December 31, 2003? The financial performance of Chemalite, Inc., for its first year, January 1, 2003 to December 31, 2003 appears to be rather productive. As you can see from the Balance Sheet, there are no bills owed in Accounts payable pr the long-term loans account. The corporation seems to have enough assets to cover their bills in the immediate or near future. The Income Statement shows that the ...

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