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thg $65 which was the net result of purchasing stocks costing 530,000 at a $6,000 loss. Also, its bonds payable account decreased $10,000, the net resultf $130,000 of bonds and re tiring bonds with a book value of $140,000 at a $9 000 gain. Whs und amounts appear in the (a) cash flows from investing activities and (b) cash flows from fi ing activities sections of its 2016 statement of cash flows? E4-40. Reconciling Changes in Balance Sheet Accounts The following table presents selected items from the 2014 and 2013 balance sheets and 2014 come statement of Golden Enterprises, Inc. GOLDEN ENTERPRISES, INC Selected Balance Sheet Data Selected Income Statement Data 2014 2013 2014 Accumulated depreciation......69,502,854 65,927,389 Gain on sale of property and equipment.... 22,693 Retained earnings 921,829 Golden Enterprises reported ex a. What was the original cost of the property and equipment that Golden Enterprises sold dur- ing 2014? What was the accumulated depreciation on that property and equipment at th time of sale? property and equipment of $2,380,287 in 2014. Compute the cash proceeds from the sale of property and equipment in 2014. c. Prepare the journal entry to describe the sale of property and equipment d. Determine the cash dividends paid in 2014 Calculating Operating Cash Flows (Direct Method) h flour for each of the following cases 4-41