Maria Co. sold a machine that cost $78,500 and had a book value of $44,500 for $48,000. Data from Maria's comparative balance sheets are:

		12/31/21		12/31/20
Machinery		$793,500		$653,000
Accumulated depreciation		178,500		136,000

Complete the cash flow statement below. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Maria Co. Partial Statement of Cash Flows (Indirect Method) For the Year Ended December 31, 2021December 31, 2021For the Quarter Ended December 31, 2021
Cash flows from operating activities
Sale of Machinery Depreciation Expense Gain on Sale of Machinery Loss on Sale of Machinery Purchase of Machinery		$
Gain on Sale of Machinery Loss on Sale of Machinery Depreciation Expense Sale of Machinery Purchase of Machinery
Cash flows from investing activities
Loss on Sale of Machinery Purchase of Machinery Depreciation Expense Sale of Machinery Gain on Sale of Machinery
Loss on Sale of Machinery Purchase of Machinery Sale of Machinery Depreciation Expense Gain on Sale of Machinery