14 and 15

14) Kentucky Company reported net income of $620,000 for the year ended 12/31/21. Included in the computation of net income were: depreciation expense, $60,000; amortization of a patent, $25,000; income from an investment in common stock of XYZ Inc., accounted for under the equity method, $70,000; and amortization of a bond premium, $15,000. Kentucky also paid a $75,000 dividend during the year. The net cash provided (used) by operating activities would be reported at? 15) Alabama, Inc. reported net income of $80,000 for the year ended December 31, 2021. Included in net income were depreciation expense of $10,800 and a gain on sale of equipment of $2,400. The equipment had an historical cost of $70,000 and accumulated depreciation of $55,000. Each of the following accounts increased during 2021: Land Prepaid rent Bonds payable Accounts Receivable $15,000 $18,600 $20,000 $10,000 What is the amount of cash provided by or used by investing activities for Alabama, Inc. for the year ended December 31, 2021