Superfine Company collected the following data in preparing its cash flow statement for the year ended December 31, 20X1: Amortization of bond discount. Dividends declared Dividends paid Gain on sale of equipment $ 1,000 22,500 19,000 3,000 Proceeds from the sale of equipment 5,000 Proceeds from the sale of treasury stock (carrying amount $32,500) Purchase of BAS Inc. bonds (par value $100,000). 37,500 90,000 Required: Determine the following amounts that should be reported in Superfine's 20X1 statement of cash flows. 1. What amount should Superfine report as net cash used in investing activities? 2. What amount should Superfine report as net cash provided by financing activities? (For all requirements, cash outflows should be entered with a minus sign.) 1. Net cash used in investing activities 2 Net cash provided by financing activities