Cash Flow Statement

Behlen Industries began operations on January $1,2019.$ Its post$-$closing trial balance at December $31,2019$ and $2020,$ is shown below along with some additional information.

Other information regarding Behlen Industries and its activities during $2020$:

Assume all accounts have normal balances.

Cash dividends were declared and paid during the year. No share dividends were declared or distributed.

Plant assets $($PPE$)$ worth $$176,000$ were purchased during the year by paying cash of $$46,000$ and issuing a long$-$term note payable for the balance.

Plant assets $($PPE$)$ were sold during the year.

A cash payment was made on the note payable.

Common shares were issued.