Election Company - Balance Sheets - At December 31
			2020					2019
Assets:
Cash			$ 41,000					$ 36,000
Accounts receivable, net			67,000					70,000
Merchandise inventory			156,000					145,000
Prepaid expenses			8,000					10,000
Buildings and Equipment			320,000					245,000
Accumulated depreciation-Buildings and Equipment			(101,000)					(76,000)
Total assets			$491,000					$430,000
Liabilities:
Accounts payable			$ 42,000					$ 38,000
Accrued liabilities			15,000					19,000
Notes payable (long term)			80,000					65,000
Total liabilities			$137,000					$122,000
Equity:
Common stock			160,000					145,000
Paid-in capital in excess of par			69,000					62,000
Retained earnings			125,000					101,000
Total equity			$354,000					$308,000
Total liabilities and equity			$491,000					$430,000
Election Company - Income Statement - For Year Ended December 31, 2020
Sales $700,000
Cost of goods sold	$400,000
Depreciation expense	47,000
Other operating expenses	145,000
Interest expense	7,000	(599,000		)
Other gains (losses):
Loss on sale of equipment		(5,000		)
Income before taxes		96,000
Income taxes expense		26,000
Net income		$ 70,000

Additional Information:

a. The $65,000 note payable was paid and a new additional note was signed.

b. The only changes affecting retained earnings are net income and cash dividends paid.

c. A new building is acquired for $110,000 cash.

d. Received cash for the sale of equipment.

e. Common stock was issued for cash.

Questions (2 points each):

1. Cash received from the sale of equipment was $____

2. The amount received from the issuance of common stock was $____

3. Cash dividends paid were $____

4. Total cash flow from operations is $____

5. Total cash flow from investing activities is $____

6. Total cash flow from financing activities is $____