$($Appendix $11$A$)$ Preparing a Statement of Cash Flows$-$Direct Method

The controller of Newstrom Software, Inc., provides the following information as the basis for a statement of cash flows:

$\backslash$table$[[$Cash collected from customers,$$785,400,$Income taxes paid,$$58,300$

Cash paid to emplovees and other suppliers of goods and services

Cash paid for interest

Income taxes paid

Net cash provided $($used$)$ by operating activities

$2.$ Using the information provided above, calculate the net cash provided $($used$)$ by investing activities.

Cash flows from investing activities:

Cash received from disposal of equipment

Purchase of equipment

Cash received from sale of long$-$term investments

Purchase of long$-$term investments

Purchase of long$-$term investments

Net cash provided $($used$)$ by investing activities

$3.$ Using the information provided above, calculate the net cash provided $($used$)$ by financing activities.

Cash flows from financing activities:

$$

$$

$$

Cash received from sale of long$-$term investments

$$

Net cash provided $($used$)$ by investing activities