los 18-20 Redwood had s for Redwood Inc. for the year ended December 31, 2016. a cash and cash equivalents balance of $5,200 on January 1, 2016. Cash received from: $ 1,900 Interest on investments Sale of land Sale of common stock Issuance of debt securities Cash paid for Interest on debt Income tax Debt principal reduction Purchase of equipment Purchase of inventory Dividends on common stock Operating expenses 300 1,500 4,100 1,000 Required Prepare a statement of cash flows for the year using the direct method for operating Rpe he nenan ng two seckon of the cash Ro