123 laker company has provided the following information for its most recent year of 4314284

123.Laker Company has provided the following information for its most recent year of operation:

Cash collected from customers totaled $99,300.
Cash borrowed from banks totaled $42,700.
Cash paid to employees totaled $23,300.
Cash paid for interest totaled $3,100.
Cash received from selling an investment in Husky stock totaled $73,000.
Cash payments to banks for repayment of money borrowed totaled $9,700.
Cash paid for operating expenses totaled $11,200.
Land costing $75,000 was sold for $75,000 cash.
Cash paid for dividend payments to stockholders totaled $7,700.

Calculate Laker's net cash flow from operating activities.  
 

124.During 2016, Rock Company's cash balance increased from $57,000 to $94,300. Rock's net cash flow from operating activities was $26,900 and its net cash flow from financing activities was $13,700.

Required:

Calculate Rock's net cash flow from investing activities.  
 

125.Moss Company has provided the following data:

2016 revenues were $87,500.
2016 expenses were $43,900.
Dividends declared and paid by Moss during 2016 totaled $15,700.
Total assets on December 31, 2016 were $227,000.
Total stockholders' equity on December 31, 2016 was $133,000.
Common stock on December 31, 2016 was $93,000.

Required:

Calculate the beginning retained earnings balance.  

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