Amount That Should Appear In The Statement Of Cash Flows 540155

Given:

balance Jan1………$290,000
Debit entries………$125,000
Credit entries…….($140,000)
Balance, Dec 31…..=$275,000

In addition the company’s income statement includes a 35,000 loss on sales of marketable securities. None of the company’s marketable securities are considered a cash equivalent.

Compute the amounts that should appear in the statement of cash flows.

a. purchases of marketable securities.

b. Proceeds from sales of marketable securities.