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An analysis of the Marketable Securities control account of Fancher Products, Inc., shows the following entries during the year. Balance, Jan. 1 $ 280,000 Debit

An analysis of the Marketable Securities control account of Fancher Products, Inc., shows the following entries during the year.

Balance, Jan. 1

$

280,000

Debit entries

290,000

Credit entries

(150,000

)

Balance, Dec. 31

$

420,000

In addition, the companys income statement includes a $35,000 loss on sales of marketable securities. None of the companys marketable securities is considered a cash equivalent.

Compute the amounts that should appear in the statement of cash flows as:

Purchase of marketable securities ______

Proceeds from sales of marketable securities _______

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