Aboud Architecture purchased land for $$859,000$ in $2023$ with the Intent to expand operations. In $2024,$ the company decides the

land is no longer needed, and the land is sold for $$918,000.$

Required:

Determine the Investing cash flows to be reported in $2024.$

Determine the Investing cash flows to be reported in $2024$ If the land was purchased in $2023$ for $$959,000.$

Complete this question by entering your answers in the tabs below.

Determine the investing cash flows to be reported in $2024.$

ABOUD ARCHITECTURE

Statement of Cash Flows $($partial$)$

Cash Flows from Investing Activities