$1)$ Compute net cash flow from operating activities using in$\_$direct method.

$2)$ Compute net c@sh fl$0$w from investing @ctivities.

$3)$ Compute the net c@sh fl$0$w from financing activities.

Brooke Sportswear

Balance Sheets

December $31,2019$ and $2018$

Brooke Sportswear

Income Statement

For the year ended December $31,2019$

Additional Information:

Equipment with a cost of $$20,000$ and accumulated

depreciation of $$12,000$ was sold for $$2,000.$

Equipment was purchased for $$53,000$ C@$h$.$

Long$-$term investments with a cost of $$16,000$ were

sold for $$31,000$ cash.

Additional investrments were

purchased for $$28,000$ C@$h

Notes payable in the amount of $$35,000$ wore repaid and new notes payable in the amount of $$29,000$ were

issued for cash. Common stock was issued for $$14,000$ C@$h$.$C@$h dividends of $$5,000$ were paid $($obtained from

the retained eamings statement.