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The following information was obtained from Galena Company's comparative balance sheets: End of Year Beginning of Year $47,500 $23,400 110,000 91,000 137,500 127,400 15,000 20,800 Cash Accounts receivable Inventory Prepaid rent Long-term investments Plant assets Accumulated depreciation Accounts payable Income tax payable Common stock Retained earnings 52,500 375,000 88,400 275,600 (100,000) 60,000 10,000 302,500 265,000 (83,200) 52,000 15,600 239,200 236,600 Assume the following: a. Galena Company's income statement showed depreciation expense of $16,800, a gain on sale of investments of $22,500, and a net income of $112,500. b. Galena Company purchased plant assets for cash, sold investments for cash (the entire $22,500 gain developed during the year), and issued common stock for cash. c. Galena Company declared and paid cash dividends. In Galena's statement of cash flows, what items and amounts will appear in the investing and financing activities sections? developed during the year), and issued common stock for cash. C. Galena Company declared and paid cash dividends. In Galena's statement of cash flows, what items and amounts will appear in the investing and financing activities sections? (Enter increases before decreases in each section.) Activity Section Investing $ Items Cash received from sale of investments Cash paid to purchase plant assets Cash received from issuance of common stock Cash paid for dividends Increases (Decreases) 41,000 $ 0X Ox Financing $ $ OX