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Balance sheet data for Betty DeRose, Inc. for 2017 appears below: 201 201 ASSETS: Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid rent Land
Balance sheet data for Betty DeRose, Inc. for 2017 appears below: 201 201 ASSETS: Cash Accounts receivable Allowance for doubtful accounts Inventory Prepaid rent Land Equipment Accumulated depreciation 40,000 39,000 85,000 47,000 74,000 98,000 11,000 26,000 ,000> 19,000 54,000 66,000 83,000 LIABILITIES EQUITY: Accounts payable Income taxes payable Unearned revenue Notes payable Common stock Retained earnings 29,000 15,000 22,000 83,000 40,000 43,000 20,000 24,000 28,000 75,000 88,000 97,000 Betty's 2017 income statement is given below: Sales revenue Cost of goods sold Depreciation expense Bad debt expense Rent expense Gain on sale of land Income tax expense Net income 400,000 239,000 18,000 14,000 16,000 29,000 57,000 85,000 It is known that during 2017 Betty DeRose, Inc. purchased land for $53,000 cash. Betty did not record any recoveries of previously written off accounts receivable during 2017 Calculate the net cash flow from investing activities for 2017. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234) Do not use decimals in your
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