Exercise 12-4 (Algo) Indirect: Cash flows from operating activities LO P2 The following income statement and additional year-end information is provided. Prepare the operating activities section of the statement of cash flows using the indirect method. Note: Amounts to be deducted should be indicated with a minus sign. Exercise 12-9 (Algo) Cash flows from investing activities LO P3 a. Equipment with a book value of $81,500 and an original cost of $162,000 was sold at a loss of $31,000. b. Paid $115,000 cash for a new truck. c. Sold land costing $320,000 for $420,000 cash, yielding a gain of $100,000. d. Stock investments were sold for $97,000 cash, yielding a gain of $15,500. Use the above information to determine cash flows from investing activities. Note: Amounts to be deducted should be indicated with a minus sign. Exercise 12-10 (Algo) Cash flows from financing activities LO P3 a. Net income was $466,000. b. Issued common stock for $74,000 cash. c. Paid cash dividend of $13,000. d. Paid $125,000 cash to settle a long-term notes payable at its $125,000 maturity value. e. Paid $125,000 cash to acquire its treasury stock. f. Purchased equipment for $88,000 cash. Use the above information to determine cash flows from financing activities. Note: Amounts to be deducted should be indicated with a minus sign