During the year, Davis Company acquired $1,000,000 of equipment to start a new product line. $500,000 of equipment was

purchased for cash. $300,000 of

equipment was acquired for a $30,000 down payment with the balanced financed over 3 years.

Two pieces of old equipment with

a book value of $200,000 were exchanged for a new piece of equipment with a list price of

$200,000. How should each of these acquisitions be reported on

the cash flow statement?