The following financial statements and information are available for Blythe Industries Inc.

Additional Information
1. Sold land that cost $40,000 for $44,000.
2. Sold equipment that cost $30,000 and had accumulated depreciation of $20,000 for $18,000.
3. Purchased new equipment for $190,000.
4. Sold marketable securities, classified as available-for-sale, that cost $40,000 for $70,000.
5. Purchased new marketable securities, classified as available-for-sale, for $104,000.
6. Paid $20,000 on the principal of the long-term note.
7. Paid off a $100,000 bond issue and issued new bonds for $200,000.
8. Sold 100 shares of treasury stock at its cost.
9. Issued some new common stock.
10. Issued some new $50 par preferred stock.
11. Paid dividends. (Note: The only transactions to affect retained earnings were net income and dividends.)
Required
Organize the class into three sections, and divide each section into groups of three to five students.
Assign each section of groups an activity section of the statement of cash flows (operating activities, investing activities, or financing activities).
Group Task
Prepare your assigned portion of the statement of cash flows. Have a representative of your section put your activity section of the statement of cash flows on the board. As each section adds its information on the board, the full statement of cash flows will be presented.
Class Discussion
Have the class finish the statement of cash flows by computing the net change in cash. Also have the class answer the following questions:
a. What is the cost per share of the treasury stock?
b. What was the issue price per share of the preferred stock?
c. What was the book value of the equipmentsold?

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Balance Sheets As of December 31 2011 2012 Assets $ 160,200 103,200 186,400 284,000 650,000 (310,000) 80,000 $1,153,800 $120,600 85,000 171,800 220,000 490,000 (240,000) Cash Accounts receivable Inventory Marketable securities (available for sale) Equipment Accumulated depreciation Land 120,000 $967,400 Total assets Liabilities and equity Liabilities $ 66,200 250,000 100,000 $ 36,400 230,000 200,000 Accounts payable (inventory) Notes payable-Long-term Bonds payable Total liabilities 416,200 466,400 Stockholders' equity Common stock, no par Preferred stock, $50 par Paid-in capital in excess of par-Preferred stock Total paid-In capital Retained earnings Less: Treasury stock Total stockholders' equity Total liabilities and stockholders' equity 200,000 100,000 240,000 110,000 34,400 384,400 333,000 (30,000) 26,800 326,800 264,400 (40,000) 551,200 687,400 $967,400 $1,153,800 Income Statement For the Year Ended December 31, 2012 $1,050,000 (766,500) 283,500 Sales revenue Cost of goods sold Gross profit Operating expenses Supplies expense Salaries expense $20,400 92,000 90,000 Depreciation expense Total operating expenses (202,400) Operating income Nonoperating items Interest expense 81,100 (16,000) 30,000 12,000 $ 107,100 Gain from the sale of marketable securities Gain from the sale of land and equipment Net income