Options for the select drop down are: Represented in the operating activities section

Represented in the investing activities section

Represented in the financing activities section

Not represented in one of the three specific sections

Xerox Company is developing its annual financial statements at December 31, the current The statements are complete except for the statement of cash flows. The completed comparative balance sheets and income statement are summarized below. Consider the financial statements provided in the problem above along with the additional information provided below: Additional data: 1. Use the provided dropdown lists to indicate in which section of the statement of cash 1 the cash flow related to each specific item would be represented. Current Year Prior Year a. Bought equipment for cash, $35,100. Sold equipment with original cost of $12,000, accumulated depreciation of $8,000, for $8,000 cash. b. Paid $5,000 on the short-term note payable. C. Issued new shares of stock for $19,200 cash. d. No dividends were declared or paid. e. Other expenses included depreciation, $14,600; wages, $13,900; taxes, $6,400; and other, $5,400. Balance sheet at December 31 Cash $ 36,100 $ 28,300 38,400 31,400 [ Select] 45,000 40,100 [ Select ] Accounts receivable Merchandise inventory Property and equipment Less: Accumulated depreciation Calculate the three different subcategories of cash flows and enter them in the appropriate section of the statement of cash flows. Formatting: Do not use dollar signs ('$'); enter negative numbers with a negative sign before the number (i.e. -1,000'). 125,100 102.000 [ Select ] (33,500) (26,900) $ 211,100 $ 174,900 Xerox Company Statement of Cash Flows For the Year Ended December 31 Accounts payable $ 39,700 $ 30.900 [ Select] Wages payable 3,200 3.700 Select] 51,800 [ Select ] Net Cash Provided by Operating Activities 74,500 [ Select ] 14,000 $ 174,900 Note payable, 46.800 short-term Common stock and additional paid-in 93,700 capital Retained earnings 27.700 $ 211,100 Income statement for the current year Sales $ 135,000 Gain on sale of 4,000 equipment Cost of goods sold 85,000 Other expenses 40,300 Net Cash paid for Investing Activities: Net Cash received for Financing Activities: Net Change in Cash Flows Net income $ 13,700 [ Select]