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Motorcars of Vancouver Inc. reported the following financial statements for 2020: E (Click the icon to view the income statement.) (Click the icon to view the comparative balance sheet.) Compute the following investing cash flows: a. Acquisitions of plant and equipment (all were for cash). Motorcars of Vancouver sold no plant and equipment. b. Proceeds from the sale of investments. Motorcars of Vancouver purchased no investments. (Enter all amounts in thousands.) a. The acquisition of plant and equipment is $ thousand W Income statement Motorcars of Vancouver Inc. Income Statement For the Year Ended December 31, 2020 (in thousands) 790 Sales revenue 340 Cost of goods sold 100 Salary expense 70 Depreciation expense 150 Other expenses 660 Total expenses $ 130 Net income - Comparative balance sheet Motorcars of Vancouver Inc. Comparative Balance Sheet As at December 31, 2020, and 2019 in thousands) 2019 Assets 2020 2020 2019 Liabilities Current Current: $ 43 47 S Cash 23 $ 15 Accounts payable 43 Salary payable 28 26 58 Accounts receivable 13 16 72 82 Accrued liabilities Inventories 69 50 11 Prepaid expenses 10 Long-term notes payable 79 Shareholders' Equity 57 42 35 Long-term investments Property, plant, and Common shares 245 241 223 182 Retained earnings equipment $ 444 S 411 $ 444 $ 411 Total Total

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