The following selected accounts are from Sunland Corp's general ledger: Land Bal s30000k Jan. 1 Dec.31 6500 Bal 536 500 Dec 31 Equipment Bl 159000 Jan. 1. July 31 71000 Sept. 2 39,000 60000 Nov 10 Bal 251.000 Dec 31 Accumulated Depreciation-Equipment Jan 1 Bal 75,000 30,000 Dec. 31 Nov. 10 48,000 Dec. 31. Bal 93,000 Dividends Payable Bal 1500 Jan 1 Dec. 23 4,200 Dec. 31 Bal 5,700 Bank Loan Payable Jan 1 Bal Sept 2 49000 Dec. 31 Bal 49000 Retained Earnings Jan 1 Bal 105.000 4.200 Dec. 31 Dec 23 70000 Bal 170800 Dec. 31 Additional information: Equipment with a cost of $71,000 was purchased for cash. July 31 Sept 2 Equipment with a cost of $60,000 was purchased and partially financed through the issue of a long-term bank loan payable. Nov A loss of $3,500 was incurred on the disposal of equipment. 10 Dec 1 Acquired a small parcel of adjoining land. 23 A$4,200 cash dividend was declared to shareholders of record on December 31, payable on January 10. Depreciation expense of $48,000 was recorded for the year. Net income for the year was $70,000. 31 31 Additional information: July 31 Equipment with a cost of $71,000 was purchased for cash. Sept. 2 Equipment with a cost of $60,000 was purchased and partially financed through the issue of a long-term bank loan payable. Nov A loss of $3,500 was incurred on the disposal of equipment. 10 Dec. 1 Acquired a small parcel of adjoining land. 23 A $4,200 cash dividend was declared to shareholders of record on December 31, payable on January 10. 31 Depreciation expense of $48,000 was recorded for the year. 31 Net income for the year was $70,000. From the postings in the above accounts and additional information provided, indicate what information would be reported in the investing and/or financing activities sections of, and notes to, the statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) SUNLAND CORP. Statement of Cash Flows (Partial,) Year Ended December 31 Investing activities Disposal of equipment Purchase of equipment Purchase of land Cash flows from investing activities Financing activities Repayment of bank loan Notes to the financial statements: Equipment of $ was purchased by paying $11,000 cash and issuing a bank loan payable for $49,000