Additional information:

Jan. $9$ Paid cash dividend owing at the beginning of the year.

July $31$ Equipment with a cost of $$72,000$ was purchased for cash.

Sept. $2$ Equipment with a cost of $$56,000$ was purchased and partially financed through the issue of a long$-$term bank loan

payable received specifically for the purchase of this equipment.

Nov. $10$ A loss of $$3,800$ was incurred on the disposal of equipment.

Dec. $1$ Acquired a small parcel of adjoining land.

$23A$$$4,600$ cash dividend was declared to shareholders of record on December $31,$ payable on January $10.$

$31$ Depreciation expense of $$49,000$ was recorded for the year.

$31$ Net income for the year was $$64,000.$

From the postings in the above accounts and additional information provided, indicate what information would be reported in the

investing and$/$or financing activities sections of$,$ and notes to$,$ the statement of cash flows. $($Show amounts that decrease cash flow with

either $a-$ sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

SHERIDAN CORP.

Statement of Cash Flows $($PartiaL$)$

For the Year Ended December $31$