Please answer these multiple choice questions.

Pics 1 and 2 are the same question.

Use the following information to calculate the "cash received from sale of equipment" that would show up in the investing activities on ICE Drilling statement of cash flows: ICE Drilling Inc. ICE Drilling Inc. Income Statement Comparative Balance Sheet Information For Year Ended December 31, 2020 December 31 Sales. 1,111,600 2020 2019 Cost of goods sold. 560,000 Cash.. $120,680 $171,640 Gross profit. 551,600 Accounts receivable. 145.600 111.160 Operating expenses: Merchandise inventory... 613,200 565,600 Depreciation expense. 42.000 Prepaid expenses. 12.040 14.000 Other expenses. 305,760 Equipment.. 357.280 246,400 Total operating expenses... 347,760 Accumulated depreciation..... 77,560 98.560 Profit from operations. 203,840 Accounts payable.. 197,400 261,240 Loss on sale of equipment.. 11,480 Current notes payable.. 22.400 14.000 Profit before taxes.. 192,360 Notes payable.. 210.000 120.400 Income taxes. 27,160 Common shares 450.800 350.000 Profit. 165.200 Retained earnings. 290,640 264,600 Additional information: . Equipment costing $215,880 was purcahsed during the year. Multiple Choice $53,480 $14,000 $14,700 $49,180 $30,520 Internal users of financial information Multiple Choice Include shareholders and lenders O Include suppliers, regulators, and the press Are not directly involved in running a company O Include directors and customers Are those individuals involved in managing and operating the company Accounts payable turnover Multiple Choice All of these Can be used to evaluate liquidity O Describes how much time it takes a company to meet obligations to suppliers and can be used to evaluate liquidity Is also called inventory turnover o O Describes how much time it takes a company to meet its obligations to suppliers Evaluation of company performance includes Multiple Choice All of these Current financial position O O Current performance Future performance and risk O Past performance