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Cash Flow from Investing Activities Using the information for the Melville Corporation, calculate the cash flow from investing activities. Accounts payable increase $12,000 Accounts receivable

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Cash Flow from Investing Activities Using the information for the Melville Corporation, calculate the cash flow from investing activities. Accounts payable increase $12,000 Accounts receivable increase 4,000 Accrued liabilities decrease 5,000 Amortization expense 7,000 Cash balance, January 1 22,000 Cash balance. December 31 23,000 31,000 Cash paid as dividends 90,000 Cash paid to purchase land 60.000 Cash paid to retire bonds payable at par 37,000 Cash received from issuance of common stock 19.000 Cash received from sale of equipment 29.000 Depreciation expense 4,000 Gain on sale of equipment 13.000 Inventory decrease 30,000 Net income 2.000 Prepaid expenses increase Use a negative sign with answer to show cash outflow from (used by) Investing activities. Cash flow from (or used by) investing activities SO

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