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 Depreciation Decrease in accounts receivable Net proceeds from stock issuance 45:30 Proceeds from sale of equipment ok Payments to acquire treasury stock t nt ences $ 64,700 17,880 490 1,490 20,910 3,510 9,888 8,140 Required: 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: