Additional Information:

a$.$ Equipment costing $$21,375$ with accumulated depreciation of $$11,100$ is sold for cash.

b$.$ Cash was used to pay for equipment purchases.

c$.$ Accumulated depreciation is affected by depreciation expense and the sale of equipment.

d$.$ The balance of retained earnings is affected by dividends and net income.

e$.$ All sales are made on credit.

f$.$ All merchandise inventory purchases are on credit.

g$.$ Accounts payable balances result from merchandise inventory purchases.

h$.$ Prepaid expenses related to other operating expenses.

Required:

Prepare the investing activities section of the statement of cash flows for $2019.$

Umlauf's comparative balances sheets, income statement and additional information follow. $(10$ points$)$

$\backslash$table$[[$UMLAUF COMPANY$],[$BALANCE SHEETS$],[$DECEMBER $31,2019$ AND $2018],[,,2019,,2018,,,],[$Assets$],[$Current Assets$],[$Cash$,$$$,43,050,$$$,23,925,,,],[$Accounts Receivable,,$34,125,,39,825,$UMLAUF COMPANY$],[$Merchandise Inventory,,$156,000,,146,475,$INCOME STATEMENT$],[$Prepaid expenses,,$3,600,,1,650,$FOR THE YEAR ENDED DECEMBER $31,2019],[$Total Current Assets,,$236,775,,211,875,,,],[$Fixed Assets,,,,,Sales,,$$446,100$