The statement of financial position data of Wyeth Company at the end of 2010 and 2009 follow.

Land was acquired for $30,000 in exchange for ordinary shares, 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.

Instructions
Compute net cash provided (used) by:
(a) Operating activities.
(b) Investing activities.
(c) Financingactivities.

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2010 2009 Equipment Accumulated depreciation-equipment 90,000 (18,000) 70,000 65,000 55,000 15,000 30,000 $307,000 S 75,000 (8,000) 40,000 45,000 45,000 25,000 35,000 $257,000 Merchandise inventory Accounts receivable (net) Prepaid expenses Cash $189,000 8,000 Share capital-ordinary, $10 par Retained earnings Notes payable-bank, long-term Bonds payable Accounts payable Accrued expenses $159,000 5,000 23,000 30,000 65,000 15,000 $307,000 52,000 18,000 $257,000 2