Determine the amount of any cash inflows and outflows related to investing in 2024

how to calc the sale of equip?

Elossom inc is a privatecompamy reporting under AsPE. The followirg selected account balances were reported io biosscen inc's financiai statements at year end Adstionul indormation 4. Uidicanhomonge bind witatedion cormon tharei nerrinuifer and 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 elther a-sign e. - 15,000 or in parenthesis e.g. (15,000) ) 5 eTextbook and Media Attempts: 1 of 3 used b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above. Blossom inc. is a private company reporting under ASPE. The following selected account balances were reported in Blossom Inc's financial statements at year end: Additional information: 1. Purchased $94,500 of equipment for $12,600 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $63,000. 4. Used cash to purchase land and a building 5. Mortgage payments and notes payable payments included interest and principal amounts