The comparative balance sheets for Pumpkin Pie Corporation show the following information.

1.

Additional data related to 2014 are as follows.

1.Equipment that had cost $20,000 and was 60% depreciated at time of disposal was sold for $5,000.

2. $18,000 of the long-term note payable was paid by issuing common stock.

3. Cash dividends paid were $15,000.

4. On January 1, 2014, the building was completely destroyed by a hurricane. Insurance proceeds on the building were $245,000 (net of $22,000 taxes).

5. Investments (available-for-sale) were sold at $3,500 below their cost. The company has made similar sales and investments in the past.

6. Cash was paid for the acquisition of equipment.

7. A long-term note for $20,000 was issued for the acquisition of some equipment.

8. Interest of $1,000 and income taxes of $23,600 were paid in cash.

Prepare the investing and financing sections of the statement of cash flows.

December 31 2014 2013 Cash $ 55 800 5 19.000 Accounts meowable 56090 51.000 Inventory Mom Hot DOO Buildings 180.090 Equipment 195090 120.090 Investments $2.000 Patents 25000 30.000 Total Assets $413 400 $528000 Allowance for doubtful accounts 5 5 090 5 4500 Accumulated depreciation buildings 46 000 Accumulated depreciation- equipment 45090 20.000 Accounts payable 3800 7400 Dividends payable BLOOD 12000 Notes payable , short term 10 000 8 000 Long-term notes payable 50.000 260.090 Common stock 68 090 50.000 Retained earnings 153400 61 500 Total liabilities and stockholders equity 5413400 $526 090