Brief Exercise 22-4 (Part Level Submission) Riverbed Corporation had the following activities in 2017. 1. 2. 3. 4. 5. 6. 7. Sold land for $208,000. Purchased an FV-NI investment in common shares for $14,400. Purchased inventory for $847,000 for cash. Received $72,900 cash from bank borrowings. Received interest for $11,600. Purchased equipment for $489,000 in exchange for common shares. Issued common shares for $363,000 cash. 8. Recorded an unrealized gain of $4,250 on investments accounted for using the fair value through net income (FV-NT) model. 9. Purchased investments in bonds, reported at amortized cost for $59,250 10. Declared and paid a dividend of $16,000 (charged to retained earnings). 11. Investments in bonds reported at amotized cost, with a carrying amount of $409,200, were sold for $418,400. 12. Dividends of $5,300 were received on FV-NI investments. Calculate the amount that Riverbed should report as net cash provided (usedl by investing activities on its statement of cash flows under IFRS. Under IFRS, Riverbed would adopt the policy of classifying interest and dividends paid as financing activities, and interest and dividends received as investing activities. (Show amounts that decrease cash flow with either a- sign e.g.-15,000 or in parenthesis e.g. (15,000).) Net cash investing activities s ng this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Brief Exercise 22-4 (Part Level Submission) Riverbed Corporation had the following activities in 2017. 1. 2. 3. 4. 5. 6. 7. Sold land for $208,000. Purchased an FV-NI investment in common shares for $14,400. Purchased inventory for $847,000 for cash. Received $72,900 cash from bank borrowings. Received interest for $11,600. Purchased equipment for $489,000 in exchange for common shares. Issued common shares for $363,000 cash. 8. Recorded an unrealized gain of $4,250 on investments accounted for using the fair value through net income (FV-NT) model. 9. Purchased investments in bonds, reported at amortized cost for $59,250 10. Declared and paid a dividend of $16,000 (charged to retained earnings). 11. Investments in bonds reported at amotized cost, with a carrying amount of $409,200, were sold for $418,400. 12. Dividends of $5,300 were received on FV-NI investments. Calculate the amount that Riverbed should report as net cash provided (usedl by investing activities on its statement of cash flows under IFRS. Under IFRS, Riverbed would adopt the policy of classifying interest and dividends paid as financing activities, and interest and dividends received as investing activities. (Show amounts that decrease cash flow with either a- sign e.g.-15,000 or in parenthesis e.g. (15,000).) Net cash investing activities s ng this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor