Cash and cash equivalents, December 31 prior year-end $ 21,000 Cash and cash equivalents, December 31 current year-end 59,052 Cash received as interest 2,100 Cash paid for salaries 60,900 Bonds payable retired by issuing common stock (no gain or loss on retirement) 125,000 Cash paid to retire long-term notes payable 105,000 Cash received from sale of equipment 51,450 Land purchased by issuing long-term notes payable 72,500 Cash paid for store equipment 19,950 Cash dividends paid 12,600 Cash paid for other expenses 33,600 Cash received from customers 407,400 Cash paid for inventory 211,848 Use the above information about Ferron Company to prepare a complete statement of cash flows (direct method) for the current year ended December 31. Use a note disclosure for any noncash investing and financing activities