Question: 25 From the following information, determine net cash flow from investment activities during 19B: (a) Change in accounts receivable during 19B, $4,000. (b) Net income,

25 From the following information, determine net cash flow from investment activities during 19B:

(a) Change in accounts receivable during 19B, $4,000.

(b) Net income, $50,000.

(c) Depreciation expense, $7,000.

(d) Purchased land, $70,000.

(e) Sold machinery (cost $50,000; accumulated depreciation $40,000), $18,000.

(f ) Issued preferred stock, $25,000.

(g) Issued bonds, $19,000.

(h) Lent cash to subsidiary, $75,000.

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