The following financial statements and information are available for Blythe Industries Inc.

Balance Sheets
As of December 31
	Year 3				Year 2
Assets
Cash	$	160,200			$	120,600
Accounts receivable		103,200				85,000
Inventory		186,400				171,800
Marketable securities (available for sale)		284,000				220,000
Equipment		650,000				490,000
Accumulated depreciation		(310,000)				(240,000)
Land		80,000				120,000
Total assets		1,153,800				967,400
Liabilities and equity
Liabilities
Accounts payable (inventory)	$	36,400			$	66,200
Notes payableLong-term		230,000				250,000
Bonds payable		200,000				100,000
Total liabilities		466,400				416,200
Stockholders equity
Common stock, no par		240,000				200,000
Preferred stock, $50 par		110,000				100,000
Paid-in capital in excess of parPreferred stock		34,400				26,800
Total paid-In capital		384,400				326,800
Retained earnings		333,000				264,400
Less: Treasury stock		(30,000)				(40,000)
Total stockholders equity		687,400				551,200
Total liabilities and stockholders equity	$	1,153,800			$	967,400

Income Statement
For the Year Ended December 31, Year 3
Sales revenue					$	1,050,000
Cost of goods sold						(766,500)
Gross profit						283,500
Operating expenses
Supplies expense	$	20,400
Salaries expense		92,000
Depreciation expense		90,000
Total operating expenses						(202,400)
Operating income						81,100
Nonoperating items
Interest expense						(16,000)
Gain from the sale of marketable securities						30,000
Gain from the sale of land and equipment						12,000
Net income					$	107,100

Additional Information

1. Sold land that cost $40,000 for $44,000.

2. Sold equipment that cost $30,000 and had accumulated depreciation of $20,000 for $18,000.

3. Purchased new equipment for $190,000.

4. Sold marketable securities that were classified as available-for-sale and that cost $40,000 for $70,000.

5. Purchased new marketable securities, classified as available-for-sale, for $104,000.

6. Paid $20,000 on the principal of the long-term note.

7. Paid off a $100,000 bond issue and issued new bonds for $200,000.

8. Sold 100 shares of treasury stock at its cost.

9. Issued some new common stock.

10. Issued some new $50 par preferred stock.

11. Paid dividends. (Note: The only transactions to affect retained earnings were net income and dividends.)

1. Prepare the statement of cash flows for Blythe Industries using direct method. (Amounts to be deducted and cash outflows should be indicated by a minus sign.) Please show your work line by line so I can follow along. Also, you can only use the options from the drop down menu. They are as follows:

   1. Interest, inventory purchased, Operating expenses, Paid to purchase equipment, Paid to purchase marketable securities, Payment of dividends, Proceeds from bond issue, Proceeds from preferred stock issue, Proceeds from sale of equipment, Proceeds from sale of land, Proceeds from sale of marketable securities, Proceeds from sale of treasury stock, Repayment of bonds, Repayment of loan, Sales
      Blythe Industries, INC.
      Statement of Cash Flows
      For the Year Ended December 31, Year 3
      Cash flows from operating activities:
      Cash Receipts from:
      Sales
      Total cash inflows		$1,032,700
      Cash payments for:
      Inventory purchased
      Drop down menu option only
      Operating expenses
      Interest
      Total cash outflows		(941,700)
      not attempted		91,000
      Cash flows from investing activities:
      Proceeds from sale of land
      Proceeds from sale of equipment
      Paid to purchase equipment
      Proceeds from sale of marketable securities
      not attempted
      not attempted
      not attempted		(180,100)
      Cash flows from financing activities:
      Repayment of loans
      Repayment of bonds
      Proceeds from sale of treasury stocks
      Proceeds from common stock issues
      Payment of dividends
      Proceeds from preferred stock issues
      not attempted
      not attempted
      Net cash inflow from financing activities		129,000
      Net increase in cash		39,900
      Plus: Beginning cash balance
      Ending cash balance		$161,500

   2. b-1. What is the cost per share of the treasury stock?

   3. b-2. What was the issue price per share of the preferred stock?

   4. b-3. What was the book value of the equipment sold?

      .
      b-1.	Cost per share of the treasury stock.
      b-2.	Issue price of the preferred stock.		per share
      b-3.	Book value of equipment