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Dristell Incorporated had the following activities during the year ( all transactions are for cash unless stated otherwise ) : a . A building with

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 $416,000 was sold for $516,000.
b. Additional common stock was issued for $176,000.
c. Dristell purchased its own common stock as treasury stock at a cost of $83,000.
d. Land was acquired by issuing a 6%,10-year, $766,000 note payable to the seller.
e. A dividend of $56,000 was paid to shareholders.
f. An investment in Fleet Corporation's common stock was made for $136,000.
g. New equipment was purchased for $73,000.
h. A $98,000 note payable issued three years ago was paid in full.
i. A loan for $116,000 was made to one of Dristell's suppliers. The supplier plans to repay Dristell this amount plus 10% interest
within 18 months.
j. Paid $296,000 to acquire another company, Elegido, Incorporated.
Required:
Calculate net cash flows from investing activities.
Note: Cash outflows should be indicated with a minus sign.
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