Lisa Co. sold a machine that cost $80,000 and had book value of b$44000 for 46,800. Data from Lisa's comparative balance sheets are:

12/31/21 12/31/20

Machinery $784000 $657500

Accumulated depreciation 184000 137300

Complete the cash flow statement below:

Lisa Co.

Partial statement of Cash Flows (Indirect Method)

Cash Flows from operating activities

Partial Statement of Cash Flows
Cash Flows from Operating Activities
Depreciation expense
Gain on sale of machinery
Cash flows from Investing activities
Sale of machinery
Purchase of machinery