Prepare and Interpret a Statement of Cash Flows - A comparative balance sheet for Phillips Compa containing data for the last twe years is as follows: The following additional information is avalable about the company's activities during this year: a. The company declared and paid a cach dividend this year. b. Bonds with a principal balance of $407,000 were repald during this year. c. Equipment was sold during this year for 583,500 . The eculperent had cost 5185,000 and had 572,400 In accumulated depreciation on the date of sale. d. tons-term investments were seld during the year for 5164,000 . These investmenta had cost $76,300. when purchased several years age. e. The subaidiaries did not repay any outstandine loans during the year. f. Lomax did not repurchase any of its own stock during the year