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Flagship Company is located in Paris, France. The firm had the following Statement of Cash Flows data as of 12/31/2019: Cash payments for interest 12

Flagship Company is located in Paris, France. The firm had the following Statement of Cash Flows data as of 12/31/2019: Cash payments for interest 12 Retirement of common stock 32 Cash payments to merchandise suppliers 85 Purchase of building 8 Sale of equipment 30 Payments of dividends 37 Cash payment for expenses 35 Cash collection from customers 260 Purchase of equipment 40 Using the data above, cash flows from investing activities are; Show your calculations. A). ($49). B). ($10). C). ($81). D). ($18). E). None of above

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