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Balance sheet data for Betty DeRose, Inc. for 2022 appears below: January 1, 2022 December 31, 2022 ASSETS: Cash Accounts receivable Inventory Prepaid rent Land
Balance sheet data for Betty DeRose, Inc. for 2022 appears below: January 1, 2022 December 31, 2022 ASSETS: Cash Accounts receivable Inventory Prepaid rent Land Equipment Accumulated depreciation Trademark Total assets 11,000 27,000 31,000 12,000 54,000 83,000 37,000 20,000 76,000 42,000 61,000 92,000 11,000 300,000 197,000 LIABILITIES + EQUITY: Accounts payable Income taxes payable Notes payable Common stock Retained earnings Total liabilities + equity 36,000 19,000 73,000 30,000 39,000 197,000 27,000 35,000 61,000 92,000 85,000 300,000 Betty's 2022 income statement is given below: Sales revenue Cost of goods sold Depreciation expense Rent expense Gain on sale of land Income tax expense Net income 411,000 293,000 18,000 21,000 36,000 31,000 84,000 It is known that during 2022 Betty DeRose, Inc. purchased land for $59,000 cash. Calculate the net cash flow from investing activities for 2022. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234)
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