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Based on the financial information below, fill in the blanks to Psychodelia Fixation Ralanco choot ac at Noramhor 21 LIABILITIES AND SHAREHOLDER'S EQUITY New equipment costing $85,000 was purchased for $25,000 and a $60,000 long term bank loan. Old equipment costing $57,500 was sold resulting in a gain of $7,500. Operating expenses includes depreciation expense of $46,500. An unrealized gain on held for trading investments of $14,000 was recorded. Psychodelia Fixation Statement of Cash Flow for the year ended December 31, 2022 Operating activities Cash receipts: Cash receipts from customers Cash payments for income tax Cash payments for interest \begin{tabular}{|l|} \hline Blank 4 \\ \hline Blank 5 \\ \hline \end{tabular} Blank 6 Net cash provided by operating activities Investing activities Proceeds on disposal of equipment sold Purchase of new equipment \begin{tabular}{|l|} \hline Blank 7 \\ \hline Blank 8 \\ \hline \end{tabular} Blank 9 Total Investing Cash flow Financing activities Sale of common shares Repayment of bank loan payable Payment of cash dividends \begin{tabular}{|l|} \hline Blank 10 \\ \hline Blank 11 \\ \hline Blank 12 \\ \hline \end{tabular} Blank 13 Net increase in cash Blank 14 Question 21 (20 points)

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