Use the following information about the 1990 cash flows of Techniboard Company to prepare a statement of cash flows and a schedule of noncash investing and financing activities.

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Cash and cash equivalents balance, December 31, 1989. Cash and cash equivalents balance, December 31, 1990. Cash paid to retire long-term notes payable.. Cash received from sale of building Cash payments for merchandise. Cash paid for store equipment. Cash borrowed on six-month note payable Cash dividends paid Bonds payable retired by issuing common stock. Cash paid for salaries. Cash payments for other expenses. Land purchased and financed by long-term note payable Cash received from customers. Cash received as interest. $ 24,000 17,000 150,000 85.000 72,000 15,000 22,000 12,000 100,000 37.000 46.000 60,000 210,000 8,000