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26. Ashley's Flower Market had the following transactions during 2022: 1. Issued $50,000 of par value ordinary shares for cash. 2. Repaid a 8
26. Ashley's Flower Market had the following transactions during 2022: 1. Issued $50,000 of par value ordinary shares for cash. 2. Repaid a 8 year note payable in the amount of $22,000. 3. Acquired land by issuing ordinary shares of par value $100,000. 4. Declared and paid a cash dividend of $2,000. 5. Sold a non-current investment (cost $42,000) for cash of $6,000. 6. Acquired an investment in IBM shares for cash of $12,000. What is the net cash flow from investing activities? Short Answer (5 Points)
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