The comparative balance sheets for 2021 and 2020 and the statement of income for 2021 are given below for Wright Company Additional information from Wright's accounting records is provided also. RIGHT COMPANY Comparative Balance Sheets December 31, 2021 and 2020 (5 in thousands) 2021 2020 Assets Cash Accounts receivable Short-term investment Inventory Land Buildings and equipment Less: Accumulated depreciation $ 149 167 64 168 126 785 (229) $1,2.30 5 125 170 25 165 155 590 (170) 1,060 $ se $ Liabilities Accounts payable Salaries payable Interest payable Income tax payable Notes payable Bonds payable Shareholders' Equity Con stock Pald-in capital-excess of par Wetained earning 6 5 54 4 4 10 39 2910 368 460 219 390 195 74 $1.060 $1,230 IN COPPA For Year Ended December 31, 2021 Revenues: 5660 Expenses: Cost of goods sold Salaries open Depreciation pense Interest opene Loss on sale of land 30 90 11 97 309 1100 Additional information from the accounting records Additional information from the accounting records a. Land that originally cost $29.000 was sold for $26.000 b. The common stock of Microsoft Corporation was purchased for $39.000 as a short-term investment not classified as a cash equivalent c. New equipment was purchased for $195,000 cash d: A $39,000 note was paid at maturity on January 1 e. On January 1, 2021, bonds were sold at their $78,000 face value Common stock ($70,000 par) was sold for $94,000. 9. Net income was $100.000 and cash dividends of $55.000 were paid to shareholders. Required: Prepare the statement of cash flows of Wright Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (ie., 10,000 should be entered as 10).) WRIGHT COMPANY Statement of Cash Flow For the year ended December 31, 2071 in thousands) Cash flows from operating activities Cash inflows Cash outlows Net cash flows from operating actvities Can foto investing this WRIGHT COMPANY Statement of Cash Flow For the year ended December 31, 2021 (5 in thousands Cash fons from operating activities Cash inflows Cash outlowa Net cash flows from operating activities Cash Bows from investing activities Net cash flows from investing activities Cash flowers from financing activities Nel caso from financing activities Nelerande in cash Cash band Jan 1 Casa December 31