Autos of Red Deer Inc. reported the following financial statements for 2017:
Autos of Red Deer Inc.
Income Statement
For the year Ended December 31, 2017
(In thousands)
Sales revenue ............................................................... $710
Cost of goods sold .......................................................... 340
Salary expense .................................................................70
Depreciation expense .........................................................20
Other expenses .............................................................. 130
Total expense ............................................................... 560
Net income ................................................................... 510

Compute the following investing cash flows:
a. Acquisitions of plant and equipment (all were for cash). Autos of Red Deer sold no plant and equipment.
b. Proceeds from the sale of investments. Autos of Red Deer purchased no investments?

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Autos of Red Deer Inc. Comparative Balance Sheet As at December 31,2017 and 2016 2 (in thousands) 2017 3 Assets 4 Current: 2017 2016 Liabilities 2016 Current $ 19 59 75 S 16 48 Accounts payable $ 47 23 $ 42 21 Accounts receivable Salary payable Accrued liabilities 2 Long-term notes payable Shareholders' Equity Inventories Prepaid expenses 68 58 9 Long-term investments 10 11 Total 75 32 246 $436 410 Property, plant, and Common shares 225 $436410 Total uipment 185 Retained earnings 250 12