The excerpts that flow are adapted from financial statements of a Canadian not-for-profit organization Click the ison to view partial balance sheet and statement of cash flows.) Requirements 1. How much was the entity's cost of property, plant, and equipment at March 31, 20007 How much was the carrying amount of property, plant, and equipment? Show computations 2. The financial statements give tour pieces of evidence that the entity purchased property, plant, and equipment and sold long-term investments during 2020 What is the evidence? 3 Papers Taccounts for Property, Plant, and Esipment, Accumulated Depreciation, and Long-Term investments. Then show all the activity in these accounts during 2020 Label each increase or decrease and give its dollar amount 4. Why is depreciation added to net income on the statement of cash flows? Partial balance sheet and statement of cash flows Requirement 1. How much was the entity's cost of property, plant, and equipment at March 31, 2020? How The cost of property, plant, and equipment at March 31, 2020, i amounts in thousands) Help me solve this Calculator Ask my instructor Balance Sheet Assets Property, plant, and Less accumulated depreciation Long-term vesents Consolidated Statement of Cash Flows Operating excess of revenues over expen Non-cash items affecting net incom Depreciation Cash flows from investing activit March 31 3020 2019 2773545 281,123 00423 61.294 (301) 02.732) 106,305 147,155 For the Year Ended March 31 2020 2019 13.008 15.30 4,100 3.740 Additions to property, plant, and equipment 072) Reduction of (addition to long-limited 38.850 (06.317) Check answer