Preparing a Cash Flow Worksheet Taser Corporation's recent comparative balance sheet and income statement follow. Additional information 1. Purchased a plant asset, $108,000; issued common stock in full payment. 2. Purchased a long-term investment in equity securities for cash, $36,000. 3. Declared and paid cash dividend, $36,000. 4. Sold plant asset for $18,000 cash (cost, $64,800; accumulated depreciation, $57,600 ). 5. Issued common stock, 1,800 shares at $11 per share cash. Cash Flow Reconciliation