prepare the cash flows from investing and financing activities secrions of the 2017 statement of cash flow

2. An abbreviated set of financial statements for Caroba's Company for 2017 and 2016 is shown below. Coraba's Company Income statement For the Year Ended December 31, 2017 Sales $553,000 Investment income 26,000 Gain on sale of investments 3,500 $582,500 Less: Selling & administrative expenses $221.600 Depreciation expense 15,000 Interest expense 3,900 Income taxes expense 247.000 Net Income Comparative Balance Sheets December 31 2017 Cash $209,000 Accounts receivable 160.300 Investments 117.000 Equipment (net) 146,200 Land 312.000 Total Assets $944,500 2016 $ 49,900 63.700 126.100 80.400 276 300 Accounts payable Mortgage payable Common stock Retained earnings Total Liabilities & Shareholders' Equity $130.000 65.000 266,500 483.000 1944,500 $87.500 97.400 238.000 173.500 $596,400 Required: Prepare the cash flows from investing and financing activities sections of the 2017 statement of cash flows