Gibraltar Industries, In., is a manufacturer of steel products for customers such as Home Depot, Lowe's, Chrysler, Ford, and General Motors. In the year ended December 31, 2016, it reported the following activities: Net income Purchase of equipment Payments on notes payable to bank Net proceeds from stock issuance Depreciation Proceeds from sale of equipment $33,675 10,800 400 3,340 24,000 950 40,000 1,540 Decrease in accounts receivable Payments to acquire treasury stock Required: Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement. (Amounts to be deducted should be indicated by a minus sign.) GIBRALTAR INDUSTRIES, INC. Statement of Cash Flows (Partial) For the Year Ended December 31, 2016 Cash Flows from Investing Activities: (10,800) Purchase of Equipment 950 Proceeds from Sale of Equipment (9,850) Net Cash Provided by Investing Activities Cash Flows from Financing Activities: (400) 3,340 (1,540) $ Payments on Notes Payable to Bank Net Proceeds from Stock Issuance Payments to Acquire Treasury Stock