McCabe Company reported the following financial statements for 2022 and 2023:

Compute the following investing cash flows:a. Purchases of plant assets (all were for cash). There were no sales of plant assets.b. Proceeds from the sale of investments. There were no purchases of investments.

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122 3 4 5 Sales revenues 6 7 8 Less: Cost of goods sold 56780 McCabe Company Income Statement For the Year Ended December 31, 2023 Gross profit Less operating expenses: Salaries and wages expense Insurance expense Depreciation expense 9 10 11 12 13 14 Operating income 15 Plus other income and less other expenses: 16 Interest expense 17 Other income and expenses Other operating expenses Total operating expenses 18 Total other income and expenses 19 Income before income taxes 20 Less: Income tax expense 21 Net income 22 $ B 370,000 14,000 71,000 127,000 6,100 0 C $ 4,810,000 2,890,000 1,920,000 $ 582,000 1,338,000 6,100 1,331,900 403,700 928,200