Question 13 The following comparative balance sheet is given for Estern Co.: Assets Dec.31.2021 Cash Notes Receivable $117,000 24,000 Supplies & Inventory 27,000 10,500 Prepaid expense Long-term investments 0 Machines and tools 55,500 (21.000) Accumulated depreciation-equipment Total Assets $213.000 Liabilities & Stockholders' Equity Accounts payable $ 25,500 55,500 Bonds payable (long-term) Common Stock 60,000 Retained Earnings 72,000 Total Liabilities & Stockholders' $213.000 Equity Income Statement Information (2021): Dec 31, 2020 $19,500 21,000 40,500 18,000 27,000 48.000 (15.000) $159.000 $ 10.500 70.500 34,500 43,500 $159.000 21 2021 is $43.500. Equy Income Statement Information (2021) 1. Net income for the year ending December 31, 2021 is $43,500. 2. Depreciation expense is $6,000. 3. There is a loss of $3,000 resulted from the sale of long-term investment. Additional information (2021); 1. All sales and purchases of inventory are on account (or credit). 2. Received cash for the sale of long-term investments that had a cost of $27,000, yielding a $3.000 loss. 3. Cash dividends paid is $15,000. 4. The company purchased new machines and tools for $7,500 cash. Required: Prepare the FIRST (Operating) and the SECOND (Investing) sections of the statement of cash flows for the year ended December 31, 2021. (PLEASE PROVIDE EACH AMOUNT/ITEM IN A SEPARATE LINE) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). A I XOO V 10pt M V Arial BIUS Paragraph 111 IN