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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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