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(25 points) The balance sheets for Kooler Company showed the following information: Kooler Company Additional data: 1. Net income for the year \\( 2005, \\$ 54,000 \\) 2. Sold machinery costing \\( \\$ 30,000 \\) with a book value of \\( \\$ 12,000 \\) for \\( \\$ 15,000 \\). 3. Sold the investments for \\( \\$ 15,000 \\) 4. Paid dividends of \\( \\$ 30,000 \\) 5. Purchased machinery and gave a \\( \\$ 50,000 \\) long-term note payable 6. Paid a \\( \\$ 20,000 \\) long-term note payable by issuing common stock. 7. Accounts receivable written off during the year, \\( \\$ 2,500 \\). 8. Bad Debt Expense for the year 2005, \\( \\$ 19,000 \\) 9. Cash inflow from customers in \\( 2005, \\$ 459,000 \\). Requirements: a. (20 points) On the next page, prepare a statement of cash flows (in good form) for the year ended December \\( 31,20 \\times 5 \\). Use the indirect approach to disclose the cash flows from operating activities. b. ( 5 points) Determine the amount of sales reported on the income statement