Please answer both questions ((don't have much questions left))

Seaforce Manufacturing Inc. Income Statement Year Ended December 31, 20X5 Sale $340,000 Cost of goods sold $250, 100 Gross Profit $ 89,900 Operating Expenses $55,000 Loss on Sale of equipment $ 2,500 $ 57,500 Profit from Operations $ 32,400 Other expenses Interest Expense $ 3,500 Profit before Income Tax $ 28,900 Income Tax Expense $ 12,000 Profit $ 16,900 Additional Information: 1. Operating expenses include depreciation expense of $10,000 2. Accounts Payable related to the purchase of inventory 3. Equipment that cost $12,500 was sold at a loss of $2,500 4. New equipment was purchased during the year for $8,500 5. Dividends declared and paid in 20X5 totaled $3,000 6. Common shares were sold for $12,000 cash 7. Interest payable in 20x5 was $800 greater than interest payable in 20X4 8. The company uses IFRS and do not treat dividends as part of operations Seaforce Manufacturing Inc. comparative balance sheet at December 31 20X5 Cash Accounts Receivable Inventory Prepaid Expenses Equipment Accumulated Depreciation Total Assets 20x5 20X4 $ 6,450 $ 4,100 $ 72,000 $ 6,500 $110,250 $140,000 $ 1,750 $ 1,020 $ 96,000 $100,000 $(50,000) $ (42,000) $236,450 $209,620 equipment Account Payable $ 16,230 Interest Payable $ 810 Income taxes payable $ 10,800 Dividends Payable $ 1,800 Long-term Notes Payable $ 54,500 Common shares $135,000 Retained Earnings $ 16,310 Total Liabilities & Shareholders' Equity $236,450 $ 9,900 $ 10 $ 9,500 $ 2,800 $ 62,000 $123,000 $ 2,410 $209,620 What is the Net Cash provided (used) by Operations when the indirect method is used to prepare the cash flow statement? Multiple Choice $4,050 $(1,950) $(4,050) $1,350 None of the other alternatives are correct What is the Net cash provided (used) by Investing activities when the indirect method is used to prepare the cash flow statement? Multiple Choice ($66,500) ($500) None of the other alternatives are correct $9,000 ($55,000)