The Balance Sheets for Bad News show the following information. Additional information concerning transactions and events during 2019 are presented below. Dwyer Company Balance Sheet Cash Accounts receivable (net) Inventory Long-term investments Property, plant & equipment (PP&E) Accumulated depreciation December 31 2019 2018 $35,900 $10,200 48,300 20,300 35,000 42,000 15,000 236,500 150,000 37,700> $25,000> $318.000 $212,500 Difference $25,700 28,000 7,000> 86,500 12,700 Accounts payable Accrued liabilities (e.g. salaries payable) Long-term notes payable Common stock Retained earnings $19,000 19,000 70,000 130,000 80,000 $318,000 $26,500 17,000 50,000 90,000 29,000 $212,500 2,000 20,000 40,000 51,000 Additional data for 2019 (all of this data is properly reflected in the above balance sheet): l. Sold the long-term investments for $33,000. The original cost was $15,000. 2. Declared and immediately paid dividends of $39,000 in 2019. 3. Purchased machinery (PP&E) and gave a $60,000 long-term note payable. 4. Issued common stock for cash during the year. 5. Paid a $40,000 long-term note payable. Instructions: Using the template provided on page 3, prepare a Statement of Cash Flows (using the Indirect Method) for 2019 for Dwyer Company, Hints: You must compute net income and you must compute the additional property, plant and equipment purchased. (Use the "T" accounts on the next page). Doing a Statement of Retained Earnings for 2019 will also be helpful. Lt Note Payable Prop. Plant & Equip. Retained Earnings 29,000 50,000 150,000 80,000 70,000 236,500 Record the journal entries for additional data 1, 2, 3, 4 and 5. Post to "T" accounts as needed. Beg RE +:NI - Dividend 29,000 190.000 2.000 Net cash provided (used) by Operating Activities Cash flows from Investing Activities Long-term Investment 33.000 Net cash provided by Investing Activity Cash flows from Financing Activities Paid dividend Common Stock Isgered for cash Long-term note Payable Net cash provided (used) by Financing Activities YO 140,000) (F) Net increase (decrease) in cash Cash, January 1, 2019 Cash, December 31, 2019 Sched.of non-cash financing and investing activities Purchased Machinery long term nete Payable) 5.60,000