E23.16 (LO1,2) (Cash Provided by Operating, Investing, and Financing Activities) The statement of financial position data of Yang Ltd. at the end of 2019 and 2018 follow (amounts in thousands). 2019 2018 Equipment Accumulated depreciation-equipment (18,000) 90,000 75,000 (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 189,000 159,000 Retained earnings 8,000 5,000 Notes payable-bank, long-term -0- 23,000 Bonds payable 30,000 -0- Accounts payable 65,000 52,000 15,000 18,000 307,000 257,000 Accrued expenses Land was acquired for 30,000 in exchange for ordinary shares, par 30,000, during the year; all equipment purchased was for cash. Equipment costing 13,000 was sold for 3,000; book value of the equipment was 6,000. 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.