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Selected information follows for Carla Vista Select Corporation at December 31: 2021 2020 Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment $95,000 250,000 (55,000) 240,000 (86,000
Selected information follows for Carla Vista Select Corporation at December 31: 2021 2020 Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation-equipment $95,000 250,000 (55,000) 240,000 (86,000 ) $180,000 250,000 (45,000 ) 146,000 (78,000 ) Additional information: 1. Land was sold for cash at a gain of $35,000. 2. Equipment was bought for cash. Prepare the investing activities section of the cash flow statement. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Carla Vista Select Corporation Cash Flow Statement (Partial) Investing activities $ Net cash investing activities
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