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Blossom Corporation reported the following information (in thousands) at December 31, 2021: 2021 2020 Long-term investments $200 $95 Land 230 230 Buildings 330 330
Blossom Corporation reported the following information (in thousands) at December 31, 2021: 2021 2020 Long-term investments $200 $95 Land 230 230 Buildings 330 330 Accumulated depreciation-buildings 90 65 Equipment 540 395 Accumulated depreciation-equipment 200 200 Additional information: 1. The company purchased long-term investments during the year; none were sold. 2 The company purchased equipment during the year and sold some equipment that cost $110 and had a carrying amount of $60 for a gain of $15.
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