Tripp Triathlon Training Camp reported net income of $ 46,153 for 2013. The December 31 balances of select accounts follow.

The following additional information was taken from the records of Tripp Triathlon Training Camp:
a. Depreciation Expense for the year was $ 5,785.
b. Land was acquired with cash.
c. Tripp sold equipment for $ 10,000, realizing a gain of $ 5,500.
d. A partial payment on the non-interest-bearing note payable was made.
e. N. R. Tripp withdrew $ 75,000.
Prepare the Investing and Financing Activities sections of the statement of cash flows for Tripp Triathlon TrainingCamp.

Transcribed Image Text:

2013 $33,450 24.440 Accounts 2012 Land Equipment $32,690 12,240 13,690 95,741 Accumulated Depreciation, Equipnt 14,275 Notes Payable N. R. Tripp, Capital 7,690 66,894