During 2020, Baxter Company sold a building with a book value of $145,000 for proceeds of $162,000. The company also sold long-term investments for proceeds of $35,000. The company purchased land and a new building for $320,000 by signing a non-current note payable/long-term loan. No other transactions impacted non-current asset accounts during 2020.

Instructions

Compute net cash flows from investing activities.