Crane Inc. is a private company reporting under ASPE. The following selected account balances were reported in Crane Inc's financial statements at year end: 2024 2023 Cash $23,455 $ 10,600 Building 901,000 795,000 Equipment Land 416,580 360,400 106,000 63,600 Accumulated depreciation-building 325,950 318,000 Accumulated depreciation-equipment 131,440 99,640 Dividends payable 6,625 2,650 Mortgage payable 577,700 620,100 Notes payable 360,400 328,600 Common shares: 46,000 shares in 2024; 40,000 in 2023 855,420 726,100 Retained earnings 212,000 106,000 Cash dividends declared 26,500 10,600 Depreciation expense-buildings 26,500 45,050 Depreciation expense-equipment 52,070 28,620 Gain on sale of equipment 1,060 Loss on sale of building 10,600 Interest expense 51,145 47,435 Additional information: 1. Purchased $79,500 of equipment for $10,600 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $53,000. 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. Determine the amount of any cash inflows or outflows related to investing activities in 2024. (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).) CRANE INC. Cash Flow Statement (Partial) $ What was the amount of profit reported by Crane Inc. in 2024? Amount of profit $ Determine the amount of any cash inflows or outflows related to financing activities in 2024. (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).) CRANE INC. Cash Flow Statement (Partial) $ $ Identify and determine the amount of any noncash financing activities in 2024. Equipment costing $ was acquired by paying $ cash and issuing a note payable for $ Calculate the cash provided (used) by operating activities. (Hint: Using the cash balances provided, calculate increase or decrease in cash first.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Cash from net cash by operating activities $