60 Land $296 The Happy Company reported the following balance sheet and income statement data for 2018 and 2017: Assets 2018 2017|| Income Statement Cash $29 21 Sales Revenue $200 Accounts Receivable Cost of Goods Sold Inventory 50 Gross Profit Prepaid Insurance Operating Expenses: Held to Maturity Securities 13 Salaries Expense 80 Depreciation Expense Building and Equipment 811 Bond Interest Expense Less: Accumulated Depr. (26) Insurance Expense $242 Total Operating Expenses Liabilities Operating Income Accounts Payable Other Income (Expenses) Salaries Payable Investment Revenue Income Tax Payable Gain on Sale of Equipment LT Notes Payable $0 Loss on Sale of Land Bonds Payable 59 Total other income (expenses) Less: Discount on bonds Income before income taxes Shareholder's Equity Income tax expense Common Stock 150 120 Net Income Treasury Stock 0 Retained Earnings 331 15 $296 $242 $30 (6 Additional Information 1. $12 of bonds were retired at maturity. 2. Happy issued a $6 stock dividend and subsequently sold more shares of common stock. 3. A new building was acquired by issuing $30 note. Land that originally cost $15 was sold during the year. Prepare a full statement of cash flow for 2018. You will need to prepare the operating section using the direct method and the indirect method. Even if the amount is an outflow, enter it as a positive. Example Question: What is the amount of cash paid to purchase Held to Maturity Securities in 2018? Correct Answer: 13