leman Company had the following excerpt from its financial records: 12/31/2021 12/31/2020 Equipment $725,000 $653,000 349,000 Accumulated Depreciation 382,000 Book Value $343,000 $304,000 The following information is taken from Coleman Company's records: 1. Depreciation expense for 2021 and 2020 was $93,000 and $103,000, respectively. 2. A gain on sale of equipment of $14,000 was recorded during 2021. 3. Equipment was sold during 2021 for $33,000. Required: Compute the amount of cash used to purchase the equipment during 2021. Cash used to purchase the equipment: SO 5