Presto uses the indirect method to prepare the cash flow from operating activities section of the statement of cash flows. The company had the following beginning and ending

balances for Year $2$:

During Year $2,$ Presto sold equipment for $$60,000$ that had originally been purchased for $$140,000.$ The old equipment had accumulated depreciation of $$120,000$ at the time of

sale. To replace the equipment, Presto purchased new equipment by making a $$30,000$ down payment and signing a $2-$year note for the balance due of $$160,000.$

A$.$ What is the cost of the new equipment purchased during the year?

B$.$ How will the purchase of equipment be reported in the statement of cash flows?

C$.$ How will the issuance of the $2-$year note be reported on the statement of cash flows?