The following selected accounts are from Sunland Corp's general ledger: Land Jan. 1 530,000 Dec. 1 6,500 Dec. 31 536,500 Equipment Jan. 1 159,000 July 31 71,000 Sept. 2 60,000 Nov. 10 39,000 Dec. 31 251,000 Accumulated Depreciation-Equipment Jan. 1 75,000 Nov. 10 30,000 Dec. 31 48,000 Dec. 31 93,000 Dividends Payable Jan. 1 1,500 Jan. 9 1,500 Dec. 23 4,200 Dec. 31 4,200 Bank Loan Payable Jan. 1 0 Sept. 2 49,000 Dec. 31 49,000 Retained Earnings Jan. 1 105,000 Dec. 23 4,200 Dec. 31 70,000 Dec. 31 170,800 Additional information: Jan. 9 Paid cash dividend owing at the beginning of the year. July 31 Sept. 2 Equipment with a cost of $71,000 was purchased for cash. Equipment with a cost of $60,000 was purchased and partially financed through the issue of a long-term bank loan payable received specifically for the purchase of this equipment. Nov. 10 A loss of $3,500 was incurred on the disposal of equipment. Dec. 1 Acquired a small parcel of adjoining land. 23 31 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. 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) $ What is the amount that would be reported for financing activities? Financing activities $ Notes to the financial statements: Equipment of $ bank loan payable specifically for the purchase of this equipment for $49,000. was purchased by paying $11,000 cash and issuing a