During 2020, Waterway Company sold a building with a book value of $157,500 for proceeds of $187,500. The company also sold long-term investments for proceeds of $44,500. The company purchased land and a new building for $332,500 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2020. Compute net cash flows from investing activities. Net cash flows from investing eTextbook and Media Save for Later $ Attempts: 0 of 3 used Submit Answer

During 2020, Watenway Company sold a building with a book value of $157,500 for meoceeds of $187,500. The company also sold long-term investments for proceeds of \$44,500. The company purchated land and a new buiding for $332,500 by signing a long-term note payable. No other transactions impacted long terin asset accounts during 2020. Compote net cash fows trom imvestirg activities. Net cash flows from imestins