The statement of financial position data of Yang Ltd. at the end of 2022 and 2021 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.

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2022 2021 Equipment ¥ 90,000 ¥ 75,000 Accumulated depreciation-equipment (18,000) (8,000) Land 70,000 40,000 Inventory 65,000 45,000 Accounts receivable (net) 55,000 45,000 Prepaid expenses 15,000 25,000 Cash 30,000 35,000 ¥307,000 ¥257,000 Share capital-ordinary, $10 par ¥189,000 ¥159,000 Retained earnings 8,000 5,000 Notes payable-bank, long-term Bonds payable -0- 23,000 30,000 -0- Accounts payable Accrued expenses 65,000 52,000 15,000 18,000 ¥307,000 ¥257,000