A No Ma Machines and Tal A Liabilities & Stockholder Equity Accounts payable Bonds payable (long-te Common Stock Retained Earnings Des-31-2023 $351.000 72,000 Dec-31-2020 $50,000 13.000 1,000 121.500 31.500 0 54.000 1,000 106.500 144.000 03-0001 145.0001 5039.000 3477.000 $ 76,500 $ 31,500 166.500 211,500 180.000 103,500 216.000 130.500 5477.000 Total Liabilities & Stockholden' Equity $639.000 Income Statement Information (2021 1. Net income for the year ending December 31, 2021 is $130,500 2. Depreciation expense is $18,000. 3. There is a loss of $9,000 resulted from the sale of long-term investment Additional information (2021) 1. All sales and purchases of inventory are on account (or credit). 2. Received cash for the sale of long-term investments that had a cost of $81,000, yielding a $9,000 less 3. Cash dividends paid is $45,000. 4. The company purchased new machines and tools for $22.500 cash. Required: Prepare the FIRST (Operating) and the SECOND (Investing) sections of the statement of cash flows for the year ended December 31, 2021. (PLEASE PROVIDE EACH AMOUNT/ITEM IN A SEPARATE LINE) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac Moving to another question will save this response. Question 14 The following comparative balance sheet is given for Estern Co.: Assets Cash Notes Receivable Supplies & Inventory Prepaid expense Long-term investments. Machines and tools Accumulated depreciation-equipment Total Assets Dec 31, 2021 $351,000 72,000 81,000 31,500 0 166,500 (63,000) $639,000 Dec 31, 2020 $58,500 63,000 121,500 54,000 81,000 144,000 (45,000) $477,000 Liabilities & Stockholders' Equity Accounts payable Bonds payable (long-term) Common Stock Retained Earnings $ 76,500 166,500 $ 31,500 211,500 180,000 103,500 216,000 130,500 $477,000 Total Liabilities & Stockholders' Equity $639,000 Income Statement Information (2021): 21 2021 $130 500 S Question Completion Status: 2 Retained Earnings 4 S 6 9 10 13 14 15 16 216,000 130.500 $477.000 Total Liabilities & Stockholders' Equity $639.000 Income Statement Information (2021); 1. Net income for the year ending December 31, 2021 is $130,500. 2. Depreciation expense is $18.000. 3. There is a loss of $9,000 resulted from the sale of long-term investment. Additional information (2021); 1. All sales and purchases of inventory are on account (or credit). 2. Received cash for the sale of long-term investments that had a cost of $810 3. Cash dividends paid is $45.000. 4. The company purchased new machines and tools for $22,500 cash. Required: Wielding a $9,000 loss. Prepare the FIRST (Operating) and the SECOND (Investing) sections of the statement of cash flows for the year ended December 31, 2021. (PLEASE PROVIDE EACH AMOUNTATEM IN A SEPARATE LINE) For the toolbar, press ALT+F10 (PC) or ALT+FN-F10 (Mac). BIUS Paragraph Arial 10pt Y E A L Ix 6