Carla Vista Inc. is a private company reporting under ASPE. The following selected account balances were reported in Carla Vista Inc.s financial statements at year end: 2021 2020 Cash $ 19,425 $ 8,950 Buildings 853,500 744,000 Equipment 406,000 352,200 Land 104,000 59,250 Accumulated depreciationbuildings 309,500 296,750 Accumulated depreciationequipment 134,000 100,250 Dividends payable 6,700 3,150 Mortgage payable 548,600 588,600 Notes payable 344,500 313,500 Common shares: 5,490 shares in 2021; 4,090 in 2020 543,500 414,500 Retained earnings 210,000 111,000 Cash dividends declared 29,500 13,600 Depreciation expensebuildings 26,750 40,450 Depreciation expenseequipment 47,955 26,100 Gain on sale of equipment 990 0 Loss on sale of building 11,300 0 Interest expense 49,150 45,050 Additional information: 1. Purchased $79,500 of equipment for $11,800 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $54,500. 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) Partially correct answer icon Your answer is partially correct. 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).) CARLA VISTA INC. Cash Flow Statement (Partial) Year Ended December 31, 2021 Investing Activities Sale of Equipment $ 12485 Sale of Building 29200 Purchase of Land 11800 Purchase of Equipment 44750 Purchase of Building 164000 Net Cash Used by Investing Activities $ 178865 Attempts: 2 of 2 used (b) What was the amount of profit reported by Carla Vista Inc. in 2021? Amount of profit $