Answer:
Usher Sports Shop's cash flow from operations for 2018: $5,414,000
Explanation:
Cash at the end of the year = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities + Cash flows from operating activities
Therefore:
Cash flows from operating activities = Cash at the beginning of the year + Cash flows from investing activities + Cash flows from financing activities - Cash at the end of the year
Cash flows from investing activities of ($2,150,000) <0 and cash flows from financing activities of ($3,219,000) <0.
Cash flows from operating activities = -$980,000 + $2,150,000 + $3,219,000 + $1,025,000 = $5,414,000