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Cash received from: Collections from customers $397,000 Interest on notes receivable 14,500 Collection of notes receivable 63,000 Sale of investments 36,100 Issuance of notes payable

Cash received from: Collections from customers $397,000 Interest on notes receivable 14,500 Collection of notes receivable 63,000 Sale of investments 36,100 Issuance of notes payable 117,000 Cash paid for: Purchase of inventory 177,000 Interest on notes payable 13,500 Purchase of equipment 102,000 Salaries to employees 107,000 Payment of notes payable 33,500 Dividends to shareholders 1,000 Required: Calculate net cash flows from investing activities

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