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Blossom Corporation reported the following information (in thousands) at December 31, 2018: 2018 2017 Long-term investments $180 $85 Land 260 260 Buildings 300 300 Accumulated
Blossom Corporation reported the following information (in thousands) at December 31, 2018:
2018 | 2017 | ||||
Long-term investments | $180 | $85 | |||
Land | 260 | 260 | |||
Buildings | 300 | 300 | |||
Accumulated depreciationbuildings | 110 | 50 | |||
Equipment | 570 | 375 | |||
Accumulated depreciationequipment | 300 | 300 |
Additional information:
1. | Long-term investments were purchased during the year; none were sold. | ||
2. | Equipment was purchased during the year. In addition, equipment with a cost of $100 and a carrying amount of $70 was sold at a gain of $10. |
Prepare the investing activities section of Blossoms statement of cash flows for the year.
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