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Need help with investing activities and what my noncash activities are? METAGROBOLIZE INDUSTRIES Comparative...

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Accounting

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Need help with investing activities and what my noncash activities are?

METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2016 and 2015 (S in 000s) 2016 2015 Assets Cash Accounts receivable Inventory Land Building $ 550 $ 255 340 425 650 800 600 900 900 (200) (175) 3,250 3,050 (460) (420) 1,500 1,650 Less: Accumulated depreciation Equipment Less: Accumulated depreciation Patent $7,590 $ 6,580 Liabilities Accounts payable Accrued expenses payable Lease liability-land Shareholders' Equity Common stock Paid-in capital-excess of par Retained earnings $ 900 600 300 245 150 3,620 3,500 445 2,070 1,790 550 $7,590 6,580 METAGROBOLIZE INDUSTRIES Income Statement For the Year Ended December 31, 2016 (S in 000s) Revenues Sales revenue Gain on sale of land $ 3,040 65 $3,105 Expenses Cost of goods sold Depreciation expense-building Depreciation expense-equipment Loss on sale of equipment Amortization of patent Operating expenses $1,100 25 580 25 $ 350 2,230 Net income $ 875

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