Dristell Incorporated had the following activities during the year (all transactions are for cash unless stated otherwise): A building with a book value of $408,000 was sold for $508,000. Additional common stock was issued for $168,000. Dristell purchased its own common stock as treasury stock at a cost of $79,000. Land was acquired by issuing a 6%, 10-year, $758,000 note payable to the seller. A dividend of $48,000 was paid to shareholders. An investment in Fleet Corporations common stock was made for $128,000. New equipment was purchased for $69,000. A $94,000 note payable issued three years ago was paid in full. A loan for $108,000 was made to one of Dristells suppliers. The supplier plans to repay Dristell this amount plus 10% interest within 18 months.

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 $408,000 was sold for $508,000. b. Additional common stock was issued for $168,000. c. Dristell purchased its own common stock as treasury stock at a cost of $79,000. d. Land was acquired by issuing a 6%,10-year, $758,000 note payable to the seller. e. A dividend of $48,000 was paid to shareholders. f. An investment in Fleet Corporation's common stock was made for $128,000. g. New equipment was purchased for $69,000. h. A $94,000 note payable issued three years ago was paid in full. i. A loan for $108,000 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.)