2019 Exercise 12 The balance sheet data of Brown Company at the end of 2019 and 2018 follow. 2018 Equipment 90,000 75,000 Accumulated depreciation equipment (18,000) (8,000) Land 70,000 40,000 Cash $ 30,000 $ 35,000 Accounts receivable (net) 55,000 45,000 Merchandise inventory 65,000 45,000 Prepaid expenses 15,000 25,000 $307,000 $257,000 Ordinary Shares, $10 par 189,000 159,000 Retained earnings 8,000 5,000 Notes payable-bank, long-term -0- 23,000 Bonds payable 30,000 -0- Accounts payable $ 65,000 $ 52,000 Accrued expenses 15,000 18,000 $307,000 $257.000 Land was acquired for $30,000 in exchange for ordinary shares, par $30,000, during the year; all equipment purchased was for cash. Equipment costing $10,000 was sold for $3,000; book value of the equip- ment was $6,000. Cash dividends of $10,000 were declared and paid during the year. Required: Compute net cash provided (used) by; (a) operating activities. (b) investing activities. (c) financing activities