The following comparative balance sheet is given for Estern Co.: Assets Dec 31, 2021 Cash Notes Receivable $351,000 72,000 Supplies & Inventory Prepaid expense 81,000 31,500 Long-term investments 0 Machines and tools 166,500 Accumulated depreciation-equipment Total Assets (63,000) $639.000 Liabilities & Stockholders' Equity Accounts payable $ 76,500 Boods payable (long-term) 166,500 Common Stock 180,000 Retained Earnings 210.000 Total Liabilities & Stockholders' Equity 5.639.000 Income Statement Information (2021) 1 Net income for the year ending December 31, 2021 is $130.500. 2. Depreciation expense is $18,000 3. There is a loss of $9,000 resulted frous the sale of long-term investment Additional information (2021) 1. All sales and purchases of inventory are ou account for credits. 2. Received cash for the sale of long-term investments that bad a cost of $81.000, yielding a 50.000 loss 3. Cash dividends paid is $45.000 4 The company purchased new machines and tools for $22.500 cash Required: Prepare the FIRST (Operating) and the SECOND Investing) sections of the statement of cash flows for the year eaded December 31, 2021 Dec 31 2020 $58,500 63,000 121,500 54,000 81,000 144,000 (45.000) $477.000 $ 31,500 211.500 103,500 130.500 $477.000