Please answer all parts (:

Use the information below to answer questions 2a-2c.

The following items pertain to Nutech Inc. for the year ended December 31, 2021:

• Cash received from selling treasury stock $ 26
• Cash paid to merchandise suppliers 85
• Cash paid to acquire land 8
• Cash dividends declared on common stock 40
• Cash received from customers who purchased merchandise on credit in 2021 150
• Cash received from customers for merchandise to be delivered in 2022 20
• Cash received from sale of property, plant, and equipment 57
• Cash dividends received from equity investments 8
• Cash paid for selling, general, and administrative expenses 42
• Depreciation expense 12
• Cash received from exercise of employee stock options 15
• Income tax expense 13
• Cash borrowed from bank 59
• Cash paid to acquire available for sale debt securities 17
• Cash dividends paid to common stockholders 37
• Market value of common stock distributed in 5% stock dividend 14
• Estimated income tax payments made during 2021 10
• Interest paid on bank loan 3

2a. Nutechs cash provided by operating activities for 2021 was

1. $38.
2. $35.
3. $41.
4. $26.
5. $30.

2b. Nutechs cash provided by financing activities for 2021 was

1. $77.
2. $65.
3. $60.
4. $63.
5. $69.

2c. Nutechs cash provided by investing activities for 2021 was

1. $40.
2. $32.
3. $42.
4. $48.

3. On its income statement for 2021, Alpha Inc. reported a gain of $7,000 from selling equipment. Additional information taken from Alphas general ledger is shown below:

• 1/1/21 balance for equipment $198,000
• 12/31/21 balance for equipment (no equipment was acquired during 2021) 158,000
• Accumulated depreciation-equipment 1/1/21 125,000
• Depreciation expense-equipment for 2021 40,000
• Accumulated depreciation-equipment 12/31/21 140,000

How much cash was received from the sale of Alphas equipment for 2021?

1. $22,000.
2. $47,000.
3. $15,000.
4. $32,000.