Brooks Company's comparative balance sheets for December 31 of 2018 and 2017 are shown below Assets ec 31, 2018 Dec 31, 2017 Increase Decrease $ 89,500 47,900 S 41,600 Cash 12,500 12,400 100 Accounts Receivable (net) 34,000 31,3002,700 Inventory 13,600 9,600 Prepaid Expenses 4,000 87,000 68,00019,000 Plant Assets (23,300)(18200)5,100 Accumulated Depreciation 213,300 151,000 Total Assets Liabilities and Stockholders Equity 16,800 14,900 1,900 Accounts Payable 8,100 5,300 2,300 Wages Payable 3,100 3,300 S 200 Income Tax Payable 43,000 43.000 Bonds Payable 70,000 60,00010,000 Common Stock, $10 par 49,000 34,00015,000 Additional Paid-in Capital 33,000 29,000 4,000 Retained Earnings 5,700 Treasury Stock Total Liabilities and Stockholders' Equity 151,000 213,300 The following information is taken from Brooks's financial records During 2018, equipment was sold for $25,100. The equipment had an original cost of $30,000 and a current book value of $22,000 . 1,000 shares of common stock were issued for $25 per share . Depreciation expense for 2018 was $13,100 . Net income for the year was $7,000 Required Prepare the investing activities section of the statement of cash flows for Brooks Company, indirect method Note: The operating activities and financing activities sections have been completed Brooks Company Statement of Cash Flows For the Year Ended 31, 2018 Operating Activities 7,000 Net Income Add: S 13,100 Depreciation Expense 1,900 Increase in Accounts Payable 2,300 Increase in Wages Payable Deduct: S 200 Decrease in Income Tax Payable 3,100 Gain on Sale of Equipment 100 Increase in Accounts Receivable 2,700 Increase in Inventory 4,000 Increase in Prepaid Expenses S 14,200 Net Cash Flow from (used for) Operating Activities Investing Activities Cash received from: ne Cash paid out for: ne Net Cash Flow from (used for) Investing Activities Financing Activities Cash received from: 43,000 Issuance of Bonds Issuance of Stock 25,000 Cash paid out for: 11,000 Dividends Treasury Stock 5,700 51,300 Net Cash Flow from (used for) Financing Activities $ 41,600 Net Change in Cash 47,900 Cash at Beginning of Year S 89,500 Cash at End of Year