Company sold equipment with a net book value of $8600 for $12,200. The ritual cost of equipment was 55,600 and accumulated depreciation as of the date of sale with $47,000. Company reported a $3600 gain and also purchased that securities for $7300 net income for the year was 15,400

Step one is to determine the net cash provided by operating activities using the indirect method and step two is to determine the net cash provided and use by investing activities.

Options are to add the acquisition of debt securities, less acquisition of debt securities, less book value of plant assets, less gain on sale of plant assets, less loss on sale a plan assets, net income, proceeds from the disposal a property plant and equipment, sale proceeds