E11-22A. (Learning Objectives 4, 5: Computing investing and financing amounts for the statement of cash flows) Compute the following items for the statement of cash flows:

a. Beginning and ending PPE, Net, are $112,000 and $106,000, respectively. Depreciation for the period was $10,000, and purchases of new PPE were $34,000. PPE were sold at a $4,000 loss. What were the cash proceeds of the sale?

b. Beginning and ending Retained Earnings are $48,000 and $74,000, respectively. Net income for the period was $59,000, and share dividends were $8,000. How much were cash dividends?

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