Sketchers Corporation's recent comparative balance sheet and income statement follow. Balance Sheets, December 31 Changes Assets Cash and cash equivalents Accounts receivable (net) Merchandise inventory Investments, long-term Plant assets Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Salaries payable Income taxes payable Interest payable Bonds payable, issued at face value Common stock, no-par Retained earnings Total liabilities and stockholders' equity Sales revenue Cost of goods sold Gross margin Depreciation expense Salaries expense Income tax expense Interest expense Net income ? 2019 Additional information: $39,000 68,000 156,000 337,000 (88,000) $512,000 Income Statement For Year Ended December 31, 2020 $45,000 3,000 4,000 5,000 200,000 240,000 15,000 $512,000 2020 $63,800 $24,800 72.200 4.200 152.000 (4,000) 20,000 24,000 14,000 20,000 361,000 (74,000) $595,000 $40,000 1,000 7.000 5,000 200.000 311,000 31.000 $595,000 $240.000 (144,000) $96,000 (12.000) (24,000) (20,000) (4,000) $36.000 (5,000) (2.000) 3,000 0 0 71.000 16,000 interest payable Bonds payable, issued at face value Common stock, no-par Retained earnings Total liabilities and stockholders' equity Sales revenue Cost of goods sold Gross margin Depreciation expense Salaries expense Income tax expense Interest expense Net income Help Center Answer 1: 3,000 200,000 240,000 15,000 $512,000 Income Statement For Year Ended December 31, 2020 3,000 200,000 311,000 31,000 $595,000 $240,000 (144,000) $96.000 (12,000) (24,000) (20,000) (4,000) $36,000 Additional information: 1. Purchased a plant asset, $60,000; issued capital stock in full payment. 2. Purchased a long-term investment in equity securities accounted for cash, $20,000. 3. Declared and paid a cash dividend, $20,000. 4. Sold plant asset for $10,000 cash (cost, $36,000; accumulated depreciation, $26,000). 5. Sold capital stock. 1,000 shares at $11 per share cash. Note: Do not use either the positiveegative sign or the dollar sign with your answers. Required: 1 Net cash provided by operating activities using the indirect method is $ 2 Net cash used by investing activities is $ 3 Cash collected from customers, under the direct method, is $ 4 Cash paid to employees, under the direct method, is $ 0 71,000 16,000