From the following information, prepare a STATEMENT OF CASH FLOWS. Nelson Company Income Statement For the Year Ended December 31, 20XX Revenue: Net Sales $2,250,000 Interest Income 1 12,000 Gain on Sale of Marketable Securities m Total Revenue and Gains $2,379,400 Costs and Expenses: Cost of Goods Sold $1,300,000 Operating Expenses (including Depreciation of $69,000) 715,000 Interest Expense 181,000 Income Taxes 63,000 Loss on Sale of Plant Assets m Total Costs, Expenses, and Losses $2,273,300 Net Income 5 106,100 Additional Information -- Information about changes in the company's balance sheet accounts over the year is summarized below: 1. Accounts Receivable decreased by $22,500. 2. Interest Receivable decreased by $7,000. 3. Inventory decreased by $110,700 and Accounts Payable to suppliers of merchandise increased by $42,000. 4. Shortterm prepayments of operating expenses increased by $9,900 and accrued liabilities for operating expenses increased by $16,500. 5. Interest Payable decreased by 512.750 during the year and Income Taxes Payable decreased by $5,000 during the year. 6. The following schedule summarizes the total debit and credit entries during the year in other balance sheet accounts: W W Marketable Securities $23,000 $51,000 Notes Receivable 17.000 33.000 Plant Assets 352.000 32.600 (see note #7) Notes Payable 395.000 714,000 Bonds Payable 500,000 --0.. Common Stock --0-- 10.000 Premium on Conunon Stock --o-- 100,000 Retained Earnings 80,000 106,100 (see note #8) 7. The $82,600 in credit entries to the plant assets accounts represents the book value of all plant assets sold or retired during the year. 8. The $80,000 debit to retained earning represents dividends declared and paid during the year. The $106,100 credit entry represents the net income shown in the Income Statement. 9. All investing and nancing activities were cash transactions. 10. Cash and cash equivalents amounted to $500,000 at the beginning of the year, and $469,750 at year+end. Nelson Company Statement of Cash Flows For the Year Ended December 31, 20XX Cash Flow from Operating Activities: Cash received from selling to customers $ Cash received from interest Cash paid for inventory Cash paid for operating costs Cash paid for interest Cash paid for taxes Net Cash provided by Operating Activities $ Cash Flow from Investing Activities: Cash paid to purchase marketable securities $ Cash received from the sale of marketable securities Cash paid -- Loans made Cash received -- Collections of loans Cash paid to purchase plant assets Cash received from the sale of plant assets Net Cash used by Investing Activities $ Cash Flow from Financing Activities: Cash received from short-term borrowing $ Cash paid to settle short-term borrowing Cash paid to retire bonds Cash received from issuing common stock Cash paid for dividends Net Cash used by Financing Activities $ Net Increase (Decrease) in Cash ADD: Cash and Cash Equivalents, Beginning of the Year Cash and Cash Equivalents, End of the Year S