Cash and cash equivalents, Dec. 31 prior year-end $ 13,000 Cash and cash equivalents, Dec. 31 current year-end 36,556 Cash received as interest 1,300 Cash paid for salaries 37,700 Bonds payable retired by issuing common stock (no gain or loss on retirement) 185,000 Cash paid to retire long-term notes payable 65,000 Cash received from sale of equipment 31,850 Cash received in exchange for six-month note payable 13,000 Land purchased by issuing long-term note payable 107, 300 Cash paid for store equipment 12,350 Cash dividends paid 7,800 Cash paid for other expenses 20,800 Cash received from customers 252,200 Cash paid for inventory 131, 144 Use the above information about Ferron Company to prepare a complete statement of cash flows (direct method) for the current year ended December 31. (Amounts to be deducted should be indicated with a minus sign.) FERRON COMPANY Statement of Cash Flows For Year Ended December 31 Cash flows from operating activities Cash flows from investing activities Cash flows from financing activities Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year Noncash investing and financing activities