The following selected information was obtained from a company's comparative

balance sheets. Assume the company's $2021$ income statement showed depreciation

expense of $$15,000,$ a gain on sale of investments of $$13,250,$ and a net income of

$$51,250.$

In general, explain the three major types of activities classified on a statement of

cash flows.

For the company in this example, calculate the net cash flow from operating

activities using the indirect method.