4) The starting and ending balances for relevant asset and liability accounts that changed during the year are presented below. Net income was $650,000 for the year and dividends paid were $150,000. Depreciation expense for 2020 was $7,000, and all other changes in accumulated depreciation and property, plant, and equipment related to the sale of property at book value. No other non-cash transactions occurred. Use this information to calculate the net cash inflows (outflows) from investing and financing activities in 2020. Beginning Ending Short-term notes receivable $40,000 $45,000 Bonds receivable 50,000 150,000 Property, plant, and equipment. 850,000 825,000 Accumulated depreciation 10,000 16,000 Short-term notes payable. 237,000 187,000 Bonds payable 350,000 500,000 Contributed capital 400,000 480,000 00 4) The starting and ending balances for relevant asset and liability accounts that changed during the year are presented below. Net income was $650,000 for the year and dividends paid were $150,000. Depreciation expense for 2020 was $7,000, and all other changes in accumulated depreciation and property, plant, and equipment related to the sale of property at book value. No other non-cash transactions occurred. Use this information to calculate the net cash inflows (outflows) from investing and financing activities in 2020. Beginning Ending Short-term notes receivable $40,000 $45,000 Bonds receivable 50,000 150,000 Property, plant, and equipment 850,000 825,000 Accumulated depreciation 10,000 16,000 Short-term notes payable 237,000 187,000 Bonds payable 350,000 500,000 Contributed capital 400,000 480,000