12/31/21 12/31/20 Assets 26,000 33,000 Cash (7.000) 5,000 63,000 58.000 Accounts Receivable 19.500 (4.500) Supplies 15,000 60,000 39,000 21,000 Land 62.000 Equipment Accumulated Depreciation 82,000 (11,000) 20,000 (3,500) (14,500) Liabilities and Stock Holders' Equity 13,000 Accounts Payable 21,000 9,000 8,000 21,000 Bonds Payable Common Stock Retained Earnings (12,000) 30,000 143,000 113,000 62,000 55,000 7.000 Additional information: a. Net income for 2021 is $20,000. b. Cash dividends of $13,000 were declared and paid in 2021. c. Land was purchased for $21,000 cash. d. Equipment with a cost of $12,000 and accumulated depreciation of $9,500 was sold for $8,000 cash. e Equipment was acquired for $32,000 cash. t. Depreciation expense for the year was $6,000. 8. Bonds payable were retired at their face value. h. Common stock was sold for cash Do not enter a $ sign If "Provided by", enter amount normally: If "Used by", precede answer with a "-" (i.e., -49,000) Do not enter a $ sign If "Provided by", enter amount normally: If "Used by" precede answer with a "-" (i.e., -49,000) value. h. Common stock was sold for cash. Calculate the Cash Flows Provided by (Used by) Operating Activities. Do not enter a $ sign If "Provided by", enter amount normally: If "Used by", precede answer with a "-" (i.e., -49,000) Calculate the Cash Flows Provided by (Used by) Investing Activities. Do not enter a $ sign If "Provided by", enter amount normally; If "Used by", precede answer with a lie., -49,000) h. Common stock was sold for cash. Calculate the Cash Flows Provided by (Used by) Financing Activities. Do not enter a $ sign If "Provided by", enter amount normally: If "Used by" precede answer with a lie. -49,000)