An analysis of the income statement and the balance sheet accounts of Hampton, Incorporated, at December $31$ of the current year,

provides the following information:

Additional Information

Except as noted in Transaction $4$ below, payments and proceeds relating to investing transactions were made in cash.

The marketable securities are not cash equivalents.

All notes receivable relate to cash loans made to borrowers, not to receivables from customers.

Purchases of new equipment during the year $($$$196,000)$ were financed by paying $$60,000$ in cash and issuing a long$-$term note

payable for $$136,000.$

Reductions in the accumulated depreciation accounts $($debits$)$ are made when depreciable plant assets are retired. The book value

of plant assets retired during the year was $$45,000($$$120,000-$$$75,000).$

Required:

a$.$ Prepare the investing activities section of a statement of cash flows.

b$.$ Prepare the supporting schedule that should accompany the statement of cash flows in order to disclose the noncash aspects of

the company's investing and financing activities.