Gibraltar Industries, Inc., is a manufacturer of steel products for customers such as Home Depot, Lowe's, Chrysler, Ford, and General Motors. In the year ended December 31, 2008, it reported the following activities:

Required:
1. Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement.
2. Referring to your response to requirement 1, comment on whether you think Gibraltar's cash flows are typical of a healthy or struggling company.

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Net income $24,068 Proceeds from sale of property, plant, and equipment Purchase of property, plant, and equipment 21,595 Decrease in accounts receivable Payments on notes payable (bank) 184,937 Proceeds from notes payable (bank) Net proceeds from stock issuance 250 Payment of dividends Depreciation 33,907 Other financing cash outflows 28,669 12,273 53,439 5,985 1,694