Assets Dec.31.2021 Dec 31.2020 Cash $351,000 $58,500 Long-term investments Notes Receivable Supplies & Inventory Prepaid expense Machines and tools Accumulated depreciation-equipment Total Assets 72,000 63,000 81,000 121,500 31,500 54,000 0 81,000 166,500 144,000 (63.000) (45.000) $639.000 $477.000 Liabilities & Stockholders' Equity Accounts payable $ 76,500 $ 31,500 Bonds payable (long-term) 166,500 211,500 Common Stock 180,000 103,500 Retained Earnings 216,000 130.500 Total Liabilities & Stockholders' Equity $639.000 $477.000 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 loss. 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