The following balances are available for Chrisman Company. December 31 Cash 2010=$8,000 2009=$10,000 Accounts receivable 2010=$20,000 2009=$15,000 Inventory 2010=$15,000 2009=$25,000 Prepaid rent 2010=$9,000 2009=$6,000 Land 2010=$75,000 2009=$75,000 Plant and equipment 2010= $400,000 2009=$300,000 Totals= 2010=$462,000 2009=$401,000 Accounts Payable 2010= $12,000 2009=$10,000 Income taxes payable 2010=$3,000 2009= $5,000 Short-term notes payable 2010= $35,000 2009= $25,000 Bonds payable 2010=$75,000 2009= $100,000 Common stock= 2010=$200,000 2009= $150,000 Retained earnings 2010=$137,000 2009=$111,000 Totals= 2010=$462,000 2009=$401,000 Bonds were retired during 2010 at face value, plant and equipment were acquired for cash, and common stock was issued for cash. Depreciation expense for the year was $35,000. Net income was reported at $26,000. 1.) Prepare a statement of cash flows from 2010 using the indirect method in the Operating Activities section. 2.) Did Chrisman generate sufficient cash from operations to pay for its investing activities? How did it generate cash other than from operations? Explain your answers