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please answer this question in Asap. thank you! Sunland Inc. is a private company reporting under ASPE. The following selected account balances were reported in

please answer this question in Asap. thank you!

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Sunland Inc. is a private company reporting under ASPE. The following selected account balances were reported in Sunland Incos financial statements at year end: 2021 2020 Cash $ 19,350 $ 8,900 Buildings 852,000 743,000 Equipment 405,000 351,400 Land 103,000 58,500 Accumulated depreciation-buildings 309,000 296,000 Accumulated depreciation-equipment 133,000 99,500 Dividends payable 6,650 3,100 Mortgage payable 548,200 588,200 Notes payable 344,000 313,000 Common shares: 5,480 shares in 2021; 4,080 in 2020 543,000 414,000 Retained earnings 209,000 110,000 Cash dividends declared 29,000 13,200 Depreciation expense-buildings 26,500 40,400 Depreciation expense-equipment 47.905 26.050 Retained earnings 209,000 110,000 Cash dividends declared 29,000 13,200 Depreciation expense-buildings 26,500 40,400 Depreciation expense-equipment 47,905 26,050 Gain on sale of equipment 980 0 Loss on sale of building 11,100 0 Interest expense 49,050 44,950 Additional information: 1. Purchased $79,000 of equipment for $11,600 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $54,000. 4. Used cash to purchase land and a building. 5. Mortgage payments and notes payable payments included interest and principal amounts. 6. Common shares were issued for cash. Determine the amount of any cash inflows or outflows related to investing activities in 2021. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) SUNLAND INC. Cash Flow Statement (Partial) Year Ended December 31, 2021 $ What was the amount of profit reported by Sunland Inc. in 2021? Amount of profit $ Determine the amount of any cash inflows or outflows related to financing activities in 2021. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) SUNLAND INC. Cash Flow Statement (Partial) $ $ Identify and determine the amount of any noncash financing activities in 2021. Equipment costing $ was acquired by paying $ cash and issuing a note payat

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