2) Computation of cash flows An analysis of changes in selected balance sheet accounts of Gable Corporation shows the following for the current year: Marketable Securities account: $250,00 Debit entries 0 Credit entries $400,000 Plant and equipment accounts: Debit entries to asset accounts $700,000 Credit entries to asset accounts $900,000 Debit entries to accumulated depreciation accounts (resulting from the sale of plant assets $300,000 Credit entries to accumulated depreciation accounts (representing depreciation for the current year) $125,000 The income statement for the current year included the following items relating to the transactions summarized above: Gain on sales of marketable secunties Loss on sales of plant assets $ 85,000 150,000 All payments and proceeds relating to these transactions were in cash. Using this information, compute the following cash flows for the current year: (a) Purchases of marketable securities (6) Proceeds from sales of marketable securities c) Purchases of plant assets (d) Proceeds from sales of plant assets $ $ $