ash Flow from Investing Activities Statement of Cash Flows (Partial) Instructions Du L u pulty vuelv. A Purchased $200,200 of 10-year bonds issued by Makenzie Inc. B. Acquired land valued at $70,000 in exchange for machinery C. Sold equipment with original cost of $540,200 for $329,200, accumulated depreciation taken on the equipment to the point of sale was $179,200 D. Purchased new machinery for $120,300. E. Purchased common stock in Lemmons Company for $55,000 Required: Prepare the net cash from investing activities section of the statement of cash flows 2 CONCEPTUAL CONNECTION Usually, the net cash from investing activities is negative. How can Craig cover this negative cash now? Wha other information would you like to have to make this decision? Statement of Cash Flows (Partial) Conceptual Connection Amount Descriptions and Labels Refer to the list below for the exact wording of an amount description or label within your Statement of Cash Flows. Amount Descriptions Labels Cash flows from financing activities Land in exchange for machinery Net cash from investing activities Cash flows from investing activities Noncash investing activity Purchase of bonds Purchase of common stock Purchase of new machinery Sale of equipment Statement of Cash Flows (Partial) Conceptual Connection Statement of Cash Flows (Partial) Year Ending December 31, 20X1 (Label) cash paid for purchase of bond SULAUTUU