15) When using the indirect method to prepare the operating section of a statement of cash flows, a gain on the sale of equipment and the amortization of bond premium would both be added back as an adjustment to net income. (True/False) 16) The following information on selected cash transactions for 2021 has been provided by ABC Company: Proceeds from sale of land Proceeds from long-term borrowings Collection of accounts receivable Proceeds from sale of ABC's common stock $300,000 500,000 90,000 400,000 What is the cash provided (used) by investing activities for the year ended December 31, 2021, as a result of the above information