$ 600,000 (a) Investing activities Cash inflows: Sale of investment securities Less cash outflows Purchase of real estate Purchase of machinery and equipment Net cash used in investing activities $ 500.000 175.000 675.000 $(75.000) h43 (b) Financing activities Cash inflows: Borrowed from bank to purchase real estate Issued common stock Less cash outflows Paid dividends Paid bank loan Nel cash used in investing activities $ 500,000 350,000 $ 850,000 $ (300.000) (750.000) 1,050,000 $(200,000) 11.15 Ace Pipeline and Transmission Corporation's transactions for the year ended December 31, 1989, included the following: (1) Cash sales of $2,300,000 (2) Taxes, fines, and penalties of $80,000 (3) Sold investment securities for $980.000. (4) $330,000 in cash was borrowed from a bank. (5) Cash paid for inventory totaled $940,000. (6) Issued 10.000 shares of its preferred stock for land with a fair market value of $750,000 (7) Purchased a secret formula for $100,000 (8) Purchased land for $230,000 (9) Paid $225,000 toward a bank loan. (10) Sold 600 of its 10 percent debenture bonds due in the year 2000 for $600,000 Calculate Ace's net cash inflows or outflows for (a) operating. (b) investing, and (c) financing activities (d) Which of the transactions are not reported as part of the operating investing, or financing activities of the corporation, but rather are reported separately on the statement of cash flows