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Comparative balance sheet accounts of Headland Inc. are presented below. unrealized gains and losses were recorded on these investments in 2025. 5. Machinery that cost

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Comparative balance sheet accounts of Headland Inc. are presented below. unrealized gains and losses were recorded on these investments in 2025. 5. Machinery that cost $3,700, on which $750 of depreciation bad accumulated, was sold for $2,150. (a) Compute net cash flow from operating activities using the direct method. (Enter negative amounts using either a negative sign preceding the number es 45 or parentheses 3. (45)) Net cash flow from operating activities Additional data (ignoring taxes): 1. Net income for the year was $43,700. 2 Cash dividends declared and paid during the year were $21,300. 3. A.20\%stock dividend was declared during the year. $25,000 of retained earnings was capitalized. 4. Equity investments (level of ownership is less than 2009) that cost $25,000 were sold during the year for $28,700, No unrealized gains and losses were recorded on these investments in 2025 . 5. Machinery that cost $3,700, on which $750 of depreciation had accumulated, was sold for $2,150

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