Basket Cases, Inc., purchased land and two buildings at a total cost of $380,000. To the right of the appraised values below, show the amount Basket Cases should record as the cost for each of the assets purchased: Fair Market Values Recorded Values Land $ 100,000 Building 1 160,000 Building 2 140,000 $Given the amounts below, calculate the Total Cash from (for) Investing Activities on the Statement of Cash Flows. Cash Collected from Customers $200,000 Issuance of Stock $120,000 Purchase of Equipment $25,000 Proceeds from Sale of Land $80,000On January 1, Year 1, Florist Gump, Inc., bought machinery at a cost of $8,000 with a salvage value of $400 and useful life of 5 years. Calculate Depreciation Expense on the income statement for December 31, Year 2, assuming the straight-line method is used. Round to the nearest dollar and do not use $ or negative signs in your answer.Florist Gump, Inc., purchased a truck on January 1, Year 1, at a cost of $94,000. The truck has an estimated useful life of 5 years or 106,000 miles. The estimated salvage value is $22,000. In Year 1, the truck was driven 19,000 miles. In Year 2, the truck was driven 21,000 miles. Accumulated Depreciation using straight-line depreciation at December 31, Year 2, after two years of use, equals (rounded to the nearest dollar) Round to the nearest dollar and do not use $ or negative signs in your answer.Whittle, Inc., purchased the timber rights for $5,000,000 at the beginning of Year 1. It is expected to produce a total of 2,000,000 cords of wood over 4 years, after which it will be sold for $1,000,000. In Year 1, it cut 380,000 cords of wood. How much Depletion Expense should be recorded in Year 1 using the activity method?Pasta Disasta, Inc.. said its $15.D equipment with accumulated depreciation cf $1, fcr $5,0D. What is the amount of the Gain [Loss] on Sale of Equipment Pasta Disasta would record? if the amount is a less we a negative sign [net parentheses}. DO NOT INCLUDE $ IN YOUR