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ABC.'s transactions for the year ended December 31, 2021 included the following: Sold non-trading investments for $600,000 cash. dividends Paid of $500,000. Issued 500 ordinary
ABC.'s transactions for the year ended December 31, 2021 included the following: Sold non-trading investments for $600,000 cash. dividends Paid of $500,000. Issued 500 ordinary shares for $450,000 cash. Purchased equipment for $200,000 cash. Paid $450,000 toward a bank loan. accounts receivable Reduced by $100,000. Received cash dividends $20,000. Increased accounts payable $200,000. Purchased real estate for $550,000 cash which was borrowed from a bank. Instruction: Prepare a schedule computing the net cash flow from investing activities that would be shown on a statement of cash flows using the indirect method. Note: The company does not include any interest or dividend cash flows in the operating section of the statement of cash flows. Answer Statement of Cash Flows (Indirect Method)
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