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Total assets on the balance sheet at December 31, 2021 are $6647000. Accumulated depreciation on the equipment sold was $336000 When the equipment was sold,

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Total assets on the balance sheet at December 31, 2021 are $6647000. Accumulated depreciation on the equipment sold was $336000 When the equipment was sold, the Buildings and Equipment account received a credit of $287000 $480000 $336000. $624000 eTextbook and Media Financial statements for Bramble Corp. are given below: Las I liuws Ir uill uper ating activities Net income $1110000 Adjustments to reconcile net income to net cash provided by operating activities: Cash flows from investing activities \begin{tabular}{lr} Sale of equipment & 287000 \\ Purchase of land & (605000) \\ Purchase of buildings and equipment & (1155000) \\ \hline \end{tabular} Net cash used by investing activities (1473000) Cash flows from financing activities Total assets on the balance sheet at December 31, 2021 are $6647000. Accumulated depreciation on the equipment sold was $336000 When the equipment was sold, the Buildings and Equipment account received a credit of $287000. $480000. $336000

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