Charlotte Company's net income last year was $86,000. Changes in the company's balance sheet accounts for the year appear below:

	Increases (Decreases)
Asset and Contra-Asset Accounts:
Cash	$	32,000
Accounts receivable	$	24,000
Inventory	$	(31,000)
Prepaid expenses	$	6,500
Long-term investments	$	42,000
Property, plant and equipment	$	72,000
Accumulated depreciation	$	48,000
Liability and Equity Accounts:
Accounts payable	$	(31,000)
Accrued liabilities	$	21,000
Income taxes payable	$	51,000
Bonds payable	$	(62,000)
Common stock	$	32,000
Retained earnings	$	71,500

The company did not dispose of any property, plant, and equipment, sell any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. The company declared and paid a cash dividend $14,500.

Required:
a.	Prepare the operating activities section of the company's statement of cash flows for the year. (Use the indirect method.) (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.)

Statement of Cash Flows
Operating activities:
(Click to select)Net incomeNet loss		$
Adjustments to convert net income to cash basis:
(Click to select)Increase in income taxes payableIncrease in accounts payableIncrease in accrued liabilitiesDecrease in inventoryDecrease in accrued liabilitiesDecrease in income taxes payableDecrease in accounts payableIncrease in accounts receivableDecrease in inventoryIncrease in prepaid expensesIncrease in prepaid expensesDepreciationDecrease in accounts receivable	$
(Click to select)Decrease in accounts payableIncrease in prepaid expensesDepreciationDecrease in inventoryDecrease in income taxes payableIncrease in income taxes payableIncrease in prepaid expensesDecrease in accounts receivableIncrease in accrued liabilitiesIncrease in accounts payableIncrease in accounts receivableDecrease in inventoryDecrease in accrued liabilities
(Click to select)Increase in accounts receivableDecrease in accrued liabilitiesDecrease in accounts payableIncrease in income taxes payableDepreciationDecrease in accounts receivableIncrease in accounts payableDecrease in inventoryIncrease in prepaid expensesDecrease in inventoryIncrease in accrued liabilitiesDecrease in income taxes payableIncrease in prepaid expenses
(Click to select)Decrease in inventoryDecrease in inventoryDecrease in accrued liabilitiesDepreciationIncrease in income taxes payableIncrease in accounts payableIncrease in prepaid expensesIncrease in accrued liabilitiesDecrease in accounts receivableIncrease in accounts receivableDecrease in income taxes payableIncrease in prepaid expensesDecrease in accounts payable
(Click to select)DepreciationDecrease in income taxes payableIncrease in prepaid expensesDecrease in inventoryDecrease in accounts payableDecrease in inventoryIncrease in accounts receivableIncrease in income taxes payableIncrease in accounts payableDecrease in accrued liabilitiesDecrease in accounts receivableIncrease in accrued liabilitiesIncrease in prepaid expenses
(Click to select)Decrease in inventoryIncrease in accounts receivableDecrease in accounts payableDecrease in inventoryDecrease in accrued liabilitiesIncrease in prepaid expensesDecrease in income taxes payableDecrease in accounts receivableIncrease in accounts payableIncrease in prepaid expensesIncrease in income taxes payableIncrease in accrued liabilitiesDepreciation
(Click to select)Decrease in accounts payableIncrease in accrued liabilitiesDepreciationDecrease in inventoryIncrease in accounts receivableDecrease in inventoryIncrease in prepaid expensesIncrease in prepaid expensesDecrease in accounts receivableDecrease in income taxes payableIncrease in income taxes payableIncrease in accounts payableDecrease in accrued liabilities
Net cash (Click to select)provided byused for operating activities		$

b.	Prepare the investing activities section of the company's statement of cash flows for the year. (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.)

Statement of Cash Flows
Investing activities:
(Click to select)Increase in inventoryPurchase of property, plant and equipmentIncrease in accounts payableIncrease in accounts receivablePurchase of long-term investments	$
(Click to select)Increase in inventoryPurchase of property, plant and equipmentPurchase of long-term investmentsIncrease in accounts payableIncrease in accounts receivable
Net cash (Click to select)provided byused for investing activities	$

c.	Prepare the financing activities section of the company's statement of cash flows for the year. (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.)

Statement of Cash Flows
Financing activities:
(Click to select)Repaying principal on bonds payableIncrease in accounts receivableIssuance of common stockIncrease in accounts payableIncrease in inventoryPaying a dividendIncrease in common stock	$
(Click to select)Increase in inventoryIncrease in accounts receivablePaying a dividendIncrease in accounts payableIssuance of common stockRepaying principal on bonds payableIncrease in common stock
(Click to select)Increase in common stockIncrease in inventoryIncrease in accounts payablePaying a dividendRepaying principal on bonds payableIncrease in accounts receivableIssuance of common stock
Net cash (Click to select)used forprovided by financing activities	$