ces Dristell Incorporated had the following activities during the year (all transactions are for cash unless stated otherwise): a. A building with a book value of $405,000 was sold for $505,000. b. Additional common stock was issued for $165,000. c. Dristell purchased its own common stock as treasury stock at a cost of $77,500. d. Land was acquired by issuing a 6%, 10-year, $755,000 note payable to the seller. e. A dividend of $45,000 was paid to shareholders. f. An investment in Fleet Corporation's common stock was made for $125,000. g. New equipment was purchased for $67,500. h. A $92,500 note payable issued three years ago was paid in full. i. A loan for $105,000 was made to one of Dristell's suppliers. The supplier plans to repay Dristell this amount plus 10% interest within 18 months. Required: Calculate net cash flows from financing activities. (Cash outflows should be indicated with a minus sign.) DRISTELL INCORPORATED Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from financing activities: Net cash flows from financing activities

Dristell incorporated had the following activities during the year (all transactions are for cash unless stated otherwise): a. A bullding with a book value of $405,000 was sold for $505,000. b. Additional common stock was issued for $165,000. c. Dristell purchased its own common stock as treasury stock at a cost of $77.500. d. Land was acquired by issuing a 6%,10-yeat. $755.000 note payable to the sellet. e. A dividend of $45,000 was paid to shareholders. f. An investment in Fleet Corporation's common stock was made for $125,000. q. New equipment was purchased for $67,500. h. A $92,500 note payable issued three years ago was pald in full. 1. A loan for $105,000 was made to one of Dristells suppliers. The supplier plans to repay Dristell this amount plus 10% interes within 18 months. Required: Calculate net cash flows from financing activities. (Cash outlows should be indicoted with a minus sign.) Required: Calculate net cash flows from financing activities. (Cash outflows should be indicated with a minus sign.)