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The following information is available for XYZ Corp for the year 2021: Net income: $150,000 Depreciation expense: $25,000 Cash proceeds from the sale of equipment:

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The following information is available for XYZ Corp for the year 2021: Net income: $150,000 Depreciation expense: $25,000 Cash proceeds from the sale of equipment: $10,000 Purchase of land in cash: $50,000 Payment of long-term debt in cash: $20,000 Issuance of common stock for cash: $30,000 Calculate the net cash flows from investing and financing activities for XYZ Corp for the year 2021

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