SOURCES Brief Exercise 13-7 Holmes Corporation reported the following information (in thousands) at December 31, 2018: 2017 $100 2018 $150 200 300 90 500 200 Long-term Investments Land Buildings Accumulated depreciation-buildings Equipment Accumulated depreciation equipment 200 300 75 by Study 400 200 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 $100 and a carrying amount of $50 was sold at a gain of $10. Prepare the investing activities section of Holmes's statement of cash flows for the year. (Show amounts that decrease cash flow with other - signe -15,000 or in parenthesis e.g. (15,000).) HOLMES CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Investing activities TULL SCREEN PRINTER VERSION ES Sale of land Disposal of equipment Sale of long-term investments ed during the year; none were sold. year. In addition, equipment with a cost of $100 and a carrying amount of $50 was sold at a gain of $10. Sale of buildings Holmes's statement of cash flows for the year. (Show amounts that decrease cash flow with either a sign ady Purchase of equipment Purchase of buildings ORATION lows (Partial) ands) Purchase of long-term investments Purchase of land Additional 1. Long-term investments were purchased during the year; none were sold. Equipment was purchased during the year. In addition, equipment with a cost of $100 and a carrying amount of 2. Prepare the investing activities section of Holmes's statement of cash flows for the year. (Show amounts that decre -15,000 or in parenthesis e.g. (15,000).) HOLMES CORPORATION Statement of Cash Flows (Partial) ($ in thousands) Investing activities Year Ended December 31, 2018 December 31, 2018 Month Ended December 31, 2018 Question Attempts: 0 of 10