
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Calculate the value of the following expressions:  
(1) $$8^{ \frac {2}{3}} \cdot \left( \frac {1}{3} \right)^3 \cdot \left( \frac {16}{81} \right)^{- \frac {3}{4}}$$  
(2) $$\log_{5}35 + 2\log_{\frac {1}{2}} \sqrt {2} - \log_{5} \frac {1}{50} - \log_{5}14$$．

Present the answer in LaTex format: \boxed{Your answer}
user