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Three-Eyed Raven Ltd. reported the following at December 31, 2016 (in thousands): 2016 2015 From the comparative balance sheet: Property and equipment, net $11,150 $9,590

Three-Eyed Raven Ltd. reported the following at December 31, 2016 (in thousands):

2016

2015

From the comparative balance sheet:

Property and equipment, net

$11,150

$9,590

Long-term notes payable

4,400

3,080

From the statement of cash flows:

Depreciation

$1,920

Capital expenditures

(4,130)

Proceeds from sale of property and equipment

770

Proceeds from issuance of long-term note payable

1,190

Payment of long-term note payable

(110)

Issuance of common shares

383

Determine the following items for Three Eyed Raven Ltd. During 2016:

  • Gain or loss on the sale of property and equipment.
  • Amount of long-term debt issued for something other than cash.

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