Help Save & Exit Payton Place Industries, Inc is a manufacturer of steel products for customers such as House Depot and Private Motors. in the year ended December 31, 2017, it reported the following activities Net income Purchase of property, plant, and equipment Payments on notes payable (bank) Net proceeds from share Issuance Depreciation Proceeds from sale of property, plant, and equipment 5 26, 999 23,783 198,250 605 37,120 30,185 16,680 56, 347 6,910 2,727 10 points 012115)Decrease in accounts receivable Proceeds from notes payable (bank) Payment of dividends Other financing cash outflows Required: 1. 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) Cash Slows from invesing actlviltier Net cash Norwest Avilation received its charter during January 2017. The charter authorized the following Shai Preferred shares 8 percent no-par value, authorized 20,000 shares Common shares: no-par value, authorized 50,000 shares During 2017 the following transactions accurred in the order given 10 points ONSa Issued a total of 40,000 common shares to the company's founders for $11 per share b Issued 5,000 preferred shares at $18 per share d Net income for the first year was $48,000 Required Prepare the shareholders equity section of the basice sheet at December 31, 2017 0105 16 c Issued 3,000 common shares at $14 per share and 1.000 preferred shares at $28 Shareholders Equity December 31.2017 Contributed Capital Common Preferred shares Additional paid-in capital $43.000 48 000 60 000 851 000 hares Total contributed capital Retained earnings