During the Year Ended 12/31/2020 the Financial Statements of XXX Co. should the followings: Year Ended 2019 Year Ended 2020 Change Sales 2000 2500 500 Cost of Goods Sold 1600 2100 500 Gross Profit 400 400 0 Depreciation 20 25 5 Other Operating Expenses 80 175 95 Gain on sale of assets 10 Net Income 300 210 -90 Account Receivable 20 40 20 Account Payable 30 25 -5 Inventory 15 25 10 Equipment 100 130 30 less: Accumulated Depreciation -50 -70 -20 DISNEY PURCHASE A NEW EQUIPMENT FOR $40.

What is the selling price for the sold equipment Answer for part 9 What is the cash flow from investment activities? Answer for part 10