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I need help on the long-term investments and purchase of equipment and the met cash used by investing activites. (if you can please show how

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image text in transcribedI need help on the long-term investments and purchase of equipment and the met cash used by investing activites. (if you can please show how you got the answers please)
Your answer is partially correct. Sunland Corporation reported the following information (in thousands) at December 31, 2021: Long-term investments Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment 2021 $180 270 380 100 500 300 2020 $80 270 380 70 360 300 Additional information: 1. The company purchased long-term investments during the year: none were sold 2 The company purchased equipment during the year and sold some equipment that cost $170 and had a carrying amount of $60 for again of $25. 1 2. The company purchased long-term investments during the year, none were sold The company purchased equipment during the year and sold some equipment that cost $170 and had a carrying amount of $60 for a gain of $25 Prepare the investing activities section of Sunland's statement of cash flows for the year. (Show amounts that decrease cash flow with either a - sign e.g.-15,000 or in parenthesis es. (15,0001) SUNLAND CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Year Ended December 31, 2021 Investing activities Purchase of long-term investments Purchase of equipment Disposal of equipment Net cash used by investing activities 180 355 85 $

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