Equipment had an opening balance of $200,000 and an ending balance of $230,000. An asset that had a cost of $20,000 was sold. An asset had to have been purchased that had a value of $50,000. True False Question 31 (1 point) Saved Cash proceeds or purchases of equipment would be included in the financing activities. True False Question 32 (1 point) Saved Changes in long-term debt belong in the financing section of the statement of cash flow. True False