Championship Boxing, Inc. is a small manufacturer of cardboard boxes of all sizes You have reported for your first day of work, and the company s in an uproar Yearly financdial statements are being prepared but a computer malfunction of the company's new BOx 9000 compuner has inadvertently erased parts of the company's balance sheet, along with almost all related data except the company's statement of cash flows The IT department is working to retrieve earlier backups, but estimates that the reconstruction of the data will take about 24 hours unfortunanely financial statements ane to be presented at a stockholders meeting in one hout. The company uses the indirest methiod to prepare its statement of cash tlows rather than the ditect methoo), so your new supervisor believes the missing data for the balance sheat can be prepared using the statement of cash flows. You are assigned this task, since you were top student in your business school class. Meanwhile, the supervisor will go to the stockholders meetng and give some introductory remarks in addition to the statement of cash flows, the following data survived the computer mishap A The investments were sold for $280,000 cash B. Equipment was acquired for $152,080 cash. C Land was acquired for $326,000 cash There were no dsposals of equipment dring the year 12,500 shares of common stock were sold for cash during the year There was a $96,000 debit to Retained Earrings for cash dividends dedlared E F Statement of Cash Flows