Current Attempt in Progress The following selected account balances relate to the property, plant, and equipment accounts of Pharoah Ltd: Accumulated depreciation-buildings Accumulated depreciation equipment Depreciation expense-buildings Depreciation expense-equipment Land Buildings Equipment Gain on disposal (equipment) 2021 $336,500 146,000 30,500 68,000 195.000 770.000 305.000 4.300 2020 $306,000 96,500 30.500 49.500 70,000 770,000 255,000 0 Additional information regarding 2021 1. 2 Purchased $125,000 of land for cash Purchased $83,000 of equipment for a $17.000 down payment financing the remainder with a bank loan. Equipment was also sold during the year Calculate any cash receipts or payments related to the property, plant, and equipment accounts in 2021 Land purchase $ -13 96,500 Accumulated depreciation-equipment Depreciation expense-buildings Depreciation expense-equipment Land Buildings Equipment Gain on disposal (equipment) 146,000 30,500 68,000 195,000 770,000 305,000 4,300 30,500 49,500 70.000 770,000 255,000 O Additional information regarding 2021 2 Purchased $125,000 of land for cash. Purchased $83,000 of equipment for a $17,000 down payment financing the remainder with a bank loan. Equipment was also sold during the year. Calculate any cash receipts or payments related to the property, plant, and equipment accounts in 2021. Land purchase $ Equipment purchase $ Proceeds from disposal of equipment $ Calculate any cash receipts or payments related to the property, plant and equipment accounts in 2021 -13 ili Land purchase $ Equipment purchase $ Proceeds from disposal of equipment $ Indicate where each of the cash receipts or payments identified above would be classified on the statement of cash flows or accompanying notes Land purchase Equipment purchase Proceeds from equipment disposal Non cash activities (use) Investing activities fusel Financing activities source Operating activities (use) Investing activities (source) Financing activities (use) Non cash activities (source) Operating activities (source) Note: During the year the company pun issuing a bank loan payable for $66,000. by paying $17.000 cash and