Exercise 11-13 (Algo) Calculate financing cash flows (LO11-5) 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. 1. An investment in Fleet Corporation's common stock was made for $136,000. 9. New equipment was purchased for $73,000. h. A $98,000 note payable issued three years ago was paid in full. L. A loan for $116,000 was made to one of Dristell's suppliers. The supplier plans to repay Dristell this amount plus to\% interest within 18 months. Required: Calculate net cash flows from financing activities. (Cash outflows should be indicated with a minus sign.)