Innovation Electronics, Inc. has provided you with the year-end Income Statement and Balance Sheet. The Controller has asked you to prepare the Statement of Cash Flows for the same year ended December 31. Use the information included in the Excel Simulation and the Excel functions described below to complete the task. Fill empty yellow cells with FORMULAS.

Complete the statement of cash flows (indirect method) shown below by using formulas that reference data from the income statement and balance sheet (found by clicking the tabs at the bottom of this Worksheet. Note: Blank cells may be included in calculations. \begin{tabular}{|r|l|l|l|} \hline 23 & & & \\ 25 & Cash Flows from Investing Activities: & & \\ \hline 26 & Purchase investments & & \\ \hline 27 & Sale of land & Net cash provided by (used in) investing activities & \\ 28 & & & \\ 29 & Cash Flows from Financing Activities: & \\ \hline 30 & Issue common stock & & \\ 31 & Issue long term note & & \\ \hline 32 & Net cash provided by (used in) financing activities & \\ 33 & Net increase (decrease) in cash & & \\ \hline 34 & Cash at beginning of the period & & \\ 35 & Cash at end of the period & & \\ \hline 36 & & & \\ \hline \end{tabular}