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Brief Exercise 4-16 Determine investing cash flows (LO4-7) On January 12, Ferrell Incorporated obtains a permit to start a comedy club, which will operate only

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Brief Exercise 4-16 Determine investing cash flows (LO4-7) On January 12, Ferrell Incorporated obtains a permit to start a comedy club, which will operate only on Saturday nights. To prepare the club for the grand opening, Ferrell purchases tables and chairs for $11,600 on January 16. Ferrell also purchases cleaning supplies on account for an additional $3,800. Determine the amount of investing cash flows Ferrell would report in January. Total investing cash flows

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