Garrett Company had the following activities for a recent year ended December $31$: Sold land that cost $$20,000$ for $$20,000$ cash; purchased $$181,000$ of equipment, paying $$156,000$ in cash and signing a note payable for the rest; and recorded $$5,500$ in depreciation expense for the year. Net income for the year was $$18,000.$

Compute $(1)$ cash provided by operating activities and $(2)$ cash used in investing activities for the year based on the data provided. Note: List cash outflows as negative amounts.

$\backslash$table$[[$GARRETT COMPANY$],[$Fxcerpts from Statement of Cash Flows,$],[$For the Current Year Ended December $31,],[$Cash flows from operating activities:,$],[,],[,],[,],[,],[,],[,]]$C