Use the following to answer questions 16 – 20 Following are the transaction of TR Inc., which provides consulting services related to mining of precious metals. Amount of Transaction $250,000 125,000 5,000 Transaction ACash provided from long-term borrowing B Cash provided from consulting customers CCash used for payment of office rent PCash used for purchase of office equipment E Cash used to pay office utilities 30,000 1,200 FCash used for payment of employee salaries 24,300 GCash provided from sale of equipment that had been used in operations HCash used to pay the bank for a loan due this month Cash used for purchase of office supplies Purchase of company vehicle paying 30% cash and borrowing the rest. 20,000 175,000 100 30,000 16. $ Refer to transaction J, how much sho be included in cash used from investing activities? 17. $ operating activities (include Determine the cash flows from “_“ if needed) 18. $ Determine the cash flows from investing activities (include "“ if needed)

Prepare a balance sheet with the information below Debit Credit $ $ Sales 1,000,000 Sales returns 10,000 Selling expenses 150,000 Administration expenses 205,000 Financial expenses 50,000 Purchases 320,000 Cash at bank 77,000 Accounts receivable 22,000 Provision for Doubtful Debts 2,500 Inventories 42,000 Motor Vehicles 80,000 Furniture 42,000 Plant and Equipment 276,500 Accumulated Depreciation Plant 1,500 Accounts payable 56,000 Bank Loan 12,000 Capital - Bennett 75,000 Capital - Barney 112,500 Current - Bennett 25,000 Current - Barney 35,000 Drawings - Bennett 20,000 Drawings - Barney 25,000

what is balance sheet? cash $14,785.00   A/R $100.00   Packing and office supplies $370.00   inventory $6,350.00   office forniture and equipment $1,100.00   AD:office furn and equipment   $31.00 A/P   $1,850.00 interest payable   $133.00 unearned revenue   $350.00 bank loan   $5,000.00 equity   $11,089.00 drawings $15.00   shoe sales revenue   $7,180.00 sales returns $120.00   cost of sales $500.00   online store expenses $650.00   shipping costs $1,199.00   interest expense $133.00   inventory shrink $150.00   depreciation expense $31.00   supplies expense $130.00     25,633 25,633

My question is how to solve this problem, and why don't you include the proceeds from the sale of equipment in the calculation?