The balance sheet data of Wyeth Company at the end of 2010 and 2009 follow. Land was acquired for $30,000 in exchange for common stock, par $30,000, during the year; all equipment purchased was for cash. Equipment costing $13,000 was sold for $3,000; book value of the equipment was $6,000. Cash dividends of $9,000 were declared and paid during the year.

Compute net cash provided (used) by:

(a) Operating activities.

(b) Investing activities.

(c) Financingactivities.

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Cash Accounts receivable (net) Merchandise inventory Prepaid expenses Equipment Accumulated depreciation-equipment Land Accounts payable Accrued expenses Notes payable-bank, long-term Bonds payable Common stock, $10 par Retained earnings 2010 $ 30,000 55,000 65,000 15,000 90,000 (18,000) 70,000 $307,000 $ 65,000 15,000 30,000 189,000 8,000 $307,000 2009 $ 35,000 45,000 45,000 25,000 75,000 (8,000) 40,000 $257,000 $ 52,000 18,000 23,000 159,000 5,000 $257,000