The Equipment balance at 1/1/x1 is $40,000 and is $55,000 at 12/31/x1. Other information related to...

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The Equipment balance at 1/1/x1 is $40,000 and is $55,000 at 12/31/x1. Other information related to the equipment account is: Equipment (cost $15,000; 40% depreciated at time of disposal) was sold for $5,000. . A long-term note for $10,000 was issued for the acquisition of equipment; Cash was paid for the acquisition of equipment. The Accumulated Depreciation - Equipment balance at 1/1/x1 is $4,500 and is $3,500 at 12/31/x1. Part A: Based on this information, please list all amounts, if any, that should appear in the Statement of Cash Flows as an inflow or outflow in the Investing Activities Section? There are two answers. Inflow or Outflow: [Select] [Select] Inflow or Outflow: [Select] [Select] v L > Amount: V Amount: Part B: Based on this information, please list all amounts, if any, that should appear in the Statement of Cash Flows as an addition to or deduction from net income in the Operating Activities Section? There are two answers. Addition or Subtraction: [Select] [Select] L Amount: Addition or Subtraction: [Select] [Select] Amount: " The Equipment balance at 1/1/x1 is $40,000 and is $55,000 at 12/31/x1. Other information related to the equipment account is: Equipment (cost $15,000; 40% depreciated at time of disposal) was sold for $5,000. . A long-term note for $10,000 was issued for the acquisition of equipment; Cash was paid for the acquisition of equipment. The Accumulated Depreciation - Equipment balance at 1/1/x1 is $4,500 and is $3,500 at 12/31/x1. Part A: Based on this information, please list all amounts, if any, that should appear in the Statement of Cash Flows as an inflow or outflow in the Investing Activities Section? There are two answers. Inflow or Outflow: [Select] [Select] Inflow or Outflow: [Select] [Select] v L > Amount: V Amount: Part B: Based on this information, please list all amounts, if any, that should appear in the Statement of Cash Flows as an addition to or deduction from net income in the Operating Activities Section? There are two answers. Addition or Subtraction: [Select] [Select] L Amount: Addition or Subtraction: [Select] [Select] Amount: "