Investing and Financing Cash Flows The following information was obtained from Galena Company's comparative balance sheet.

	End of Year	Beginning of Year
Cash	$32,300	$15,300
Accounts receivable	74,800	59,500
Inventory	93,500	83,300
Prepaid rent	10,200	13,600
Long-term investments	35,700	57,800
Plant assets	255,000	180,200
Accumulated depreciation	(68,000)	(54,400)
Accounts payable	40,800	34,000
Income tax payable	6,800	10,200
Common stock	205,700	156,400
Retained earnings	180,200	154,700
Capital expenditures	22,440

Assume that Galena Company's income statement showed depreciation expense of $8,000, a gain on sale of investments of $9,000, and a net income of $45,000. During the year, Galena Company purchased plant assets for cash, sold investments for cash (the entire $9,000 gain developed during the year), and issued common stock for cash. The firm also declared and paid cash dividends.

What items and amounts will appear in (a) the cash flow from investing activities and (b) the cash flow from financing activities sections of a statement of cash flows?

Use a negative sign with cash outflow answers. a.

Cash flow from investing activities will show
Purchase of plant assets
Sale of investments

b.

Cash flow from financing activities will show
Issuance of common stock
Payment of dividends