- Purchased a long-term investment for cash, $12,500. - Paid cash dividend, $13,000. - Sold equipment for $5,500 cash (cost, $20,000; accumulated depreciation, $14,500 ). - Issued shares of no-par stock, 450 shares at $10 cash per share. - Net income was $19,700. - Depreciation expense was $2,500. Its comparative balance sheet is presented below. Required: 1. Complete the T-account worksheet to be used to prepare the statement of cash flows fo 2. Based on the T-account worksheet, prepare the statement of cash flows for the current y Complete the T-account worksheet to be used to prepare the statement of cash flows for the current year. Based on the T-account worksheet, prepare the statement of cash flows for the current year in proper format. (Amounts to be deducted should be indicated with a minus sign.)