Blossom Inc. is a private company reporting under ASPE. The following selected account balances were reported in Blossom Inc's financial statements at year end: Cash Building Equipment Land Accumulated depreciation-building Accumulated depreciation-equipment Dividends payable Mortgage payable Notes payable Common shares: 46,000 shares in 2024; 40,000 in 2023 Retained earnings Cash dividends declared Depreciation expense-buildings Depreciation expense-equipment Gain on sale of equipment Loss on sale of building Interest expense 1 2 3. 4. 5. 2024 6. $ 17,700 680,000 314,400 272,000 48,000 80,000 246,000 99,200 5,000 436,000 272,000 645,600 160,000 20,000 20,000 39,300 800 8,000 2023 $8,000 600,000 38.600 240,000 75,200 Additional information: Purchased $60,000 of equipment for $8,000 cash and a note payable for the remainder. Equipment was also sold during the year. Sold a building that originally cost $40,000. Used cash to purchase land and a building. 2,000 468,000 248,000 548,000 80,000 8,000 34,000 21,600 0 0 35,800 Mortgage payments and notes payable payments included interest and principal amounts. Common shares were issued for cash. Determine the amount of any cash inflows or outflows related to investing activities in 2024. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decr cash flow with either a-sign e.g. -15,000 or in parenthesis e.g. (15,000).)