Heffley Ltd had the following information from the balance sheet for the year ended Dec 31 2021 2020 Equipment 420,000 390,000 Accumulated Depreciation Equipment 104,000 88,000 Investments 54,000 72,000 Other information: Equipment was purchased during the year for $46,000 cash. Equipment was sold for cash during the year. The original cost of the equipment was $16,000, and the accumulated depreciation was $7.000. The income statement shows a loss on sale pf PPE of $2,000. Investments with were sold for their book value during the year. No investments were purchased The income statement Shows a loss on sale pf PPE of $2,000. Investments with were sold for their book value during the year. No investments were purchased. Cash paid for PPE Choose... Cash received on sale of PPE Choose... Cash paid for investments Choose... Choose.. Cash received on sale of investments What was the depreciation expense? Choose.. uestions (1).xlsx Extra questions.xlsx tra solutions.xlsx Type here to search o el 90 N*