E7.14 Cash Flow Statement Conversion The Luh Company's 2020 cash flow statement appears below. LO in its functional currency. New Taiwan dollars (NTS). NT$100.000 45,000 (4,000) 24,000 (32,000) 133,000 THE LUH COMPANY Statement of Cash Flows For Year Ended December 31, 2020 (in millions) Operating Activities Net income................. Depreciation and amortization expense. ... Gain on sale of long-term investments ......... Decrease in other current operating assets.... Decrease in current operating liabilities... Cash provided by operating activities ........ Investing Activities Acquisition of plant assets ....... Sale of long-term investments ...... Cash used in investing activities.. Financing Activities Retirement of long-term debt...... Issuance of common stock .... Dividends paid .......... Cash provided by financing activities..... Increase in cash ......... Cash balance, January 1, 2020 .......... Cash balance, December 31, 2020 ....... (85,000) 50,000 (35,000) (98,000) 170,000 (65,000) 7,000 105,000 210,000 NT$315,000