Sandhill Inc. is a private company reporting under ASPE. The following selected account balances were reported in Sandhill Inc's financial statements at year end: 2021 2020 Cash Buildings Equipment Land Accumulated depreciation-buildings $19,500 $9,000 855,000 745,000 407,000 353,000 105,000 60,000 310,000 297,500 Accumulated depreciation-equipment 135,000 101,000 Dividends payable 6,750 3,200 Mortgage payable 549,000 589,000 Notes payable 345,000 314,000. Common shares: 5,500 shares in 2021; 4,100 in 2020 544,000 415,000 211,000 112,000 Retained earnings 30,000 14,000 Cash dividends declared Depreciation expense-buildings Depreciation expense-equipment Gain on sale of equipment. Loss on sale of building Interest expense 27,000 40,500 48,005 26,150 1,000 0 11,500 0 49,250 45,150 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).) SANDHILL INC. Cash Flow Statement (Partial) Year Ended December 31, 2021 Investing Activities Purchase of Equipment Sale of Equipment -12,000 12,995 Sale of Building 29,000 Purchase of Building -165,000 Purchase of Land -45,000 $ -180,005 Net Cash Used by Investing Activities (b) What was the amount of profit reported by Sandhill Inc. in 2021? Amount of profit $