E23.16 (L01, 2) (Cash Provided by Operating, Investing, and Financing s) The statement of financial position data of Yang Ltd, at the end of 2019 and 2018 follow (amounts in thousands). 2019 2018 Equipment 90,000 75,000 Accumulated depreciation equipment (18,000) (8,000) Land 70,000 40,000 Inventory 65,000 45,000 Accounts receivable (net) 55,000 45,000 Prepaid expenses 15,000 25,000 Cash 30,000 35,000 307,000 257,000 Share capital-ordinary, $10 par 189,000 V159,000 Retained earnings 8,000 5,000 Notes payable-bank, long-term -0- 23,000 Bonds payable 30,000 -- Accounts payable 65,000 52,000 Accrued expenses 15,000 18,000 307,000 V257,000 Land was acquired for 130,000 in exchange for ordinary shares, par V30,000, during the year, all equipment purchased was for cash. Equipment costing V13,000 was sold for 3,000; book value of the equipment was 76,000. Cash dividends of 9,000 were declared and paid during the year. Instructions Compute net cash provided (used) by: a. Operating activities (indirect). b. Investing activities. c. Financing activities