Exercise 11-13A Calculate financing cash flows (LO11-5) Dristell inc had the following activities during the year (alf transactions are for cash unless stated otherwise a. A building with a book value of $400,000 was sold for $500,000 b. Additional common stock was issued for $160,000. c Dristell purchased its own common stock as treasury stock at a cost of $75,000 d. Land was acquired by issuing a 6%, 10-year, $750,000 note payable to the seller. e. A dividend of $40,000 was paid to shareholders An investment in Fleet Corp.'s common stock was made for $120.000 9. New equipment was purchased for $65,000 h. A $90,000 note payable issued three years ago was paid in full 1. A loan for $100,000 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.) Answer is complete but not entirely correct. Net cash flows $ 20,000 we