Trefoil Company is a manufacturer of steel products for customers such as Home Depot, Lowe's, Chrysler, Ford, and General Motors. In the year ended December 31, 2016, it reported the following activities Net income Purchase of equipment Payments on notes payable to bank Net proceeds from stock issuance Depreciation Proceeds from sale of equipment Decrease in accounts receivable Payments to acquire treasury stock $34,475 11,600 600 3, 388 24,800 1,030 40,800 1,620 Required Based on this information, present the cash flows from the investing and financing activities sections of the cash flow statement. (Amounts to be deducted should be indicated by a minus sign.) TREFOIL COMPANY Statement of Cash Flows (Partial) For the Year Ended December 31, 2016 Cash Flows from Investing Activities Cash Flows from Financing Activities