The statement of financial position data of Yang Company at the end of 2015 and 2014 follow (amounts in thousands).

Land was acquired for ¥30,000 in exchange for ordinary shares, par ¥30,000, during the year; all equipment purchased was for cash. Equipment costing ¥13,000 was sold for ¥3,000; book value of the equipment was ¥6,000. Cash dividends of ¥9,000 were declared and paid during the year.
Instructions Compute net cash provided (used) by:

(a) Operating activities (indirect).

(b) Investing activities.

(c) Financing activities.

Transcribed Image Text:

2015 2014 Equipment Accumulated depreciation-equipment Land Inventory 90,000 75,000 (18,000) (8,000) 70,000 40,000 65,000 45,000 Accounts receivable (net) Prepaid expenses Cash 55,000 45,000 15,000 25,000 30,000 35,000 307,000 257,000 Share capital-ordinary, $10 par 189,000 159,000 Retained earnings 8,000 Notes payable-bank, long-term -0- Bonds payable Accounts payable Accrued expenses 30,000 65,000 15,000 18,000 307,000 257,000 5,000 23,000 -0- 52,000