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Calculate Cash Flows from Investing Activities The following transactions occurred during the year: A new warehouse was purchased for $111,600 cash. The company's own common

Calculate Cash Flows from Investing Activities The following transactions occurred during the year:

A new warehouse was purchased for $111,600 cash.

The company's own common stock was purchased for $22,000.

An old warehouse costing $80,000 was sold for $46,900, resulting in a gain of $5,000.

The company purchased stock in Boston Beer Inc. for $7,800 cash.

Stock of Tazer Inc. was sold for $13,900, resulting in a gain of $7,800.

Required: Use this information to compute cash flows from investing activities. Use a negative number (for example, -1,000) to indicate a cash outflow.

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