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Information related to capital assets is provided for three cases: Case A Capital assets Accumulated depreciation 20X2 $ 631,000 (324,900) $ 306,100 20x1 $ 610,000

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Information related to capital assets is provided for three cases: Case A Capital assets Accumulated depreciation 20X2 $ 631,000 (324,900) $ 306,100 20x1 $ 610,000 (362,200) $ 247,800 The company sold an asset with an original cost of $114,800 at a loss of $7,800. Depreciation expense was $48,800. Other capital assets were acquired for cash. Case B Capital assets Accumulated depreciation 20X2 $ 351,400 (117, 200) $ 234, 200 20x1 $ 305,000 (133, 400) $ 171,600 The company sold an asset with an original cost of $78,000 and a net book value of $19,400 for a gain of $3,800. Other capital assets were acquired for cash. Case C Capital assets Accumulated depreciation 20x2 $1,140,000 (304,000) $ 836,000 20x1 $ 553,000 (209,800) $ 343,200 The company sold an asset with an original cost of $152,000 and a net book value of $102,600 for a gain of $32,400. Capital assets of $381,200 were acquired by issuing a long-term note to the vendor for the full amount. Other capital assets were acquired for cash. Partial Statement of Cash Flows 20X2 Case A: Operating activities: Investing activities: Purchase of capital assets Case B: Operating activities: Investing activities: Case C: Operating activities: Investing activities

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