Accounting Question

Hi All,

Would appreciate if you could help me understand the solution to the following question - 

Say for FY2015A (ended Dec 31, 2015): Gross PP&E = $2,000,000; Accumulated Depr = $600,000; and Net PP&E = $1,400,000.

Now, the question states the following:

• The balance of net PP&E equals $1,400,000 on Jan 1, 2016 and it will be depreciated on a straight-line basis over a remaining seven year period
• It acquired $500,000 of equipment on March 31, 2016, which was capitalized and will be depreciated on a straight-line basis over a five year period. The financing for the same was through $100,000 in common stock and $400,000 in new debt
• It sold machinery with a book value of $200,000 and accumulated depr of $80,000 on Dec 31, 2016 for $160,000 in cash

What are the changes on the pro forma balance sheet, income statement and cash flow statement as it relates to the above points?

Thanks in advance!