Morzane's equipment fleet had a net value of 925,000 at the start of the year and 868,000 at the end. The year bore 142,000 of depreciation, and equipment with a net value of 31,000 was sold. No purchase remains unpaid (case data). What amount of equipment purchases appears as an investing outflow?
- Net value at the start
- 925,000
- Net value at the end
- 868,000
- Depreciation for the year
- 142,000
- Net value of equipment sold
- 31,000