Phoenix Industries, Incorporated, is a manufacturer of steel products for customers such as Home Depot, Lowe's, Chrysler, Ford, and General Motors. In the year ended December 31, 2018, it reported the following activities (amounts in thousands): Net income Purchase of equipment Payments on notes payable to bank. Net proceeds from stock issuance Depreciation Proceeds from sale of equipment Decrease in accounts receivable Payments to acquire treasury stock. Required: $ 64,700 17,880 490 1,490 20,910 3,510 9,888 8,140 Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement. (Amounts to be deducted should be indicated by a minus sign. Enter your answers in thousands.) PHOENIX INDUSTRIES, INCORPORATED Statement of Cash Flows (Partial) For the Year Ended December 31, 2018 Cash Flows from Investing Activities: Net Proceeds from Stock Issuance Other Financing Cash Outflows Depreciation Cash Flows from Financing Activities: $ 0 $ 0