The Travis Company uses the spreadsheet method for completing the statement of cash flows. The balance sheet accounts and other information related to those accounts are presented below for Travis Company: December 31 Assets 2020 2019 Cash $ 140,000 $ 100,000 Accounts Receivable, net 200,000 240,000 Inventory 160,000 140,000 Long-Term Investments 60,000 150,000 Plant Assets 500,000 450,000 Accumulated Depreciation (300,000) (290,000) Patents 8,000 10,000 Total Assets $ 768,000 $ 800,000 Equities Accounts Payable $ 100,000 $ 80,000 Bonds Payable, due 2020 180,000 240,000 Common Stock, $10 par 200,000 160,000 Additional Paid-in Capital 160,000 140,000 Retained Earnings 128,000 180,000 Total Equities $ 768,000 $ 800,000 Additional information related to 2020 activities: 1. Net loss for 2020 was $40,000. 2. Cash dividends of $12,000 were declared and paid in 2020. 3. 4,000 shares of common stock were issued to bondholders converting bonds payable into common stock. 4. A long-term investment was sold for $100,000 cash. 5. Equipment costing $100,000 and having accumulated depreciation of $30,000 was sold for $50,000 cash. Refer to Exhibit 21-3. Net cash provided (used) in the financing activities section of Travis's 2020 statement of cash flows was $0 $(32,000) $(12,000) $(52,000)