Acme Brick Company issued common stock for $300,000 on the first day of 20xo. The company bought foced assets for $140,000 cash and inventory for $63,000 cash. Late in the year, it sold fixed assets for cash equal to their book value of $18,000. sold one-half the inventory for $42.000 during the year, On December 15, the company used excess cash of $62.000 to purchase common stock of Fair Grounds Corporation which Acme Brick regarded as a long-ternm investment Requirement 1. Prepare a statement of cash lows from investing activites for Acme Brick Company. (Use parentheses or a minus sign for numbers to be subtracted. Leave any unused cells blank) Acme Brick Company Statement of Cash Flows from Investing Activities For the Year Ended December 31, 200X0- Net cash provided by (used for) investing activities Choose from any list or enter any number in the input fields and then continue to the next question. 613 PM 47C OType here to search CPU ^2 M 7/11/2014 DELL Statement of Cash Flows from Investing Activities For the Year Ended December 31, 20x0 Jmy Investment in Fair Grounds Corporation Issued common stock Proceeds from the sale of fixed assets Proceeds from the sale of inventory Purchases of fixed assets Purchase of inventory Choose rom any list or enter any number in tne input Teids and then continue to the next question. O Type here to search DEL