Diaz Company had the following excerpt from its financial records: The following information is taken from Diaz Company's records: Depreciation expense for 2016 and 2015 was $65,000 and $70,000, respectively. Again on sale of equipment of $10,000 was recorded during 2016. Equipment was sold during 2016 for $25,000. Required: Compute the amount of cash used to purchase the equipment during 2016