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

Balance, Jan. 1	$	270,000
Debit entries		240,000
Credit entries		(150,000	)
Balance, Dec. 31	$	360,000

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:

An analysis of the Marketable Securities control account of Fancher Products, Inc., shows the following entries during the year. Balance, Jan. 1 Debit entries Credit entries Balance, Dec. 31 $ 270,000 240,000 (150,000) $ 360,000 In addition, the company's income statement includes a $35,000 loss on sales of marketable securities. None of the company's marketable securities is considered a cash equivalent. Compute the amounts that should appear in the statement of cash flows as: a. Purchases of marketable securities b. Proceeds from sales of marketable securities