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Question Completion Status: The following comparative balance sheet is given for Estern Co.: Assets Dec 31, 2021 Dec.31.2020 Cash $117,000 $19,500 Notes Receivable 24,000 21,000 27.000 40,500 Supplies & Inventory Prepaid expense Long-term investments 10,500 18,000 0 27,000 Machines and tools 55,500 48,000 Accumulated depreciation-equipment Total Assets (21.000) (15.000) $213.000 $159.000 Liabilities & Stockholders' Equity Accounts payable $ 5,500 $ 10,500 Bonds payable (long-term) 55,500 70,500 Common Stock 60,000 34,500 Retained Earnings 72,000 43,500 Total Liabilities & Stockholders' $213.000 $139.000 Equity Income Statement Information (2021); 1. Net income for the year ending December 31, 2021 is $43.500. 2. Depreciation expense is $6,000. 3. There is a loss of $3,000 resulted from the sale of long-term investment. Additional information (2021): 1. All sales and purchases of inventory are on account (or credit). 2. Received cash for the sale of long-term investments that had a cost of $27,000, yielding a $3,000 lo 3. Cash dividends paid is $15,000. 4. The company purchased new machines and tools for $7,500 cash Required: Prepare the FIRST (Operating) and the SECOND (Investing) sections of the statement of cash flows for the year ended December 31, 2021