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During 2022, Ayayai Corp. sold equipment with a book value of $115200 for proceeds of $139200. The company purchased new equipment for $307200 by
During 2022, Ayayai Corp. sold equipment with a book value of $115200 for proceeds of $139200. The company purchased new equipment for $307200 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2022. The investing section of the statement of cash flows will report net cash inflows of $24000. net cash inflows of $139200. net cash outflows of $168000. net cash outflows of $283200.
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