Question 3 Blossom Corporation reported the following information (in thousands) at December 31, 2018 2018 2017 $160 $75 290 290 390 390 Accumulated depreciation-buildings 110 70 580 360 Accumulated depreciation-equipment 200 200 Long-term investments Land Building:s Equipment Additional information: 1. Long-term investments were purchased during the year; none were sold 2. Equipment was purchased during the year. In addition, equipment with a cost of $150 and a carrying amount of $55 was sold at a gain of $30 Prepare the investing activities section of Blossom's statement of cash flows for the year. (Show amounts that decrease cash flow with either a sign e.g. -15,000 or in parenthesis e.g. (15,000).) BLOSSOM CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Investing activities