BlossomInc. is a private company reporting under ASPE. The following selected account balances were reported inBlossomInc.'s financial statements at year end:

20212020 Cash$18,825$8,550 Buildings841,500736,000 Equipment398,000345,800 Land96,00053,250 Accumulated depreciationbuildings

305,500290,750 Accumulated depreciationequipment

126,00094,250 Dividends payable

6,3002,750 Mortgage payable545,400585,400 Notes payable

340,500309,500 Common shares:5,410shares in 2021;4,010in 2020

539,500410,500 Retained earnings

202,000103,000 Cash dividends declared

25,50010,400 Depreciation expensebuildings

24,75040,050 Depreciation expenseequipment

47,55525,700 Gain on sale of equipment9100 Loss on sale of building

9,7000 Interest expense

48,35044,250

Additional information:1.Purchased $75,500of equipment for $10,200cash and a note payable for the remainder.2.Equipment was also sold during the year.3.Sold a building that originally cost $50,500.4.Used cash to purchase land and a building.5.Mortgage payments and notes payable payments included interest and principal amounts.6.Common shares were issued for cash.

(a)

Determine the amount of any cash inflows or outflows related to investing activities in 2021. (Hint:Use T accounts to calculate the cash flows.)(Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

BLOSSOMINC.

Cash Flow Statement (Partial)

December 31, 2021

Month Ended December 31, 2021

Year Ended December 31, 2021

Investing Activities

Net Cash Used by Operating Activities

Net Cash Used by Investing Activities

Operating Activities

Financing Activities

Net Cash Provided by Operating Activities

Net Cash Used by Financing Activities

Net Cash Provided by Financing Activities

Net Decrease in Cash

Net Cash Provided by Investing Activities

Cash, January 1

Cash, December 31

Net Increase in Cash

Sale of Equipment

Sale of Land

Sale of Building

Issuance of Common Shares

Purchase of Land

Purchase of Equipment

Purchase of Building

Payment of Cash Dividends

Repayment of Mortgage Note

Repurchase of Common Shares

$

Repurchase of Common Shares

Sale of Land

Purchase of Building

Repayment of Mortgage Note

Issuance of Common Shares

Purchase of Land

Purchase of Equipment

Sale of Building

Payment of Cash Dividends

Sale of Equipment

Issuance of Common Shares

Sale of Land

Repayment of Mortgage Note

Purchase of Equipment

Repurchase of Common Shares

Sale of Building

Purchase of Land

Sale of Equipment

Purchase of Building

Payment of Cash Dividends

Purchase of Equipment

Sale of Equipment

Repurchase of Common Shares

Repayment of Mortgage Note

Payment of Cash Dividends

Sale of Building

Purchase of Land

Sale of Land

Issuance of Common Shares

Purchase of Building

Sale of Equipment

Purchase of Building

Purchase of Land

Repayment of Mortgage Note

Payment of Cash Dividends

Issuance of Common Shares

Purchase of Equipment

Sale of Building

Sale of Land

Repurchase of Common Shares

Net Decrease in Cash

Net Cash Used by Financing Activities

Cash, December 31

Net Cash Provided by Financing Activities

Net Increase in Cash

Operating Activities

Net Cash Used by Investing Activities

Net Cash Provided by Investing Activities

Cash, January 1

Financing Activities

Investing Activities

Net Cash Used by Operating Activities

Net Cash Provided by Operating Activities

$