Question
G6 Corporation had the following transactions during 2019: Purchased Land with cash $ 65,000 Sold Apple Stock and received cash proceeds of $130,000 Received payments
G6 Corporation had the following transactions during 2019: Purchased Land with cash $ 65,000 Sold Apple Stock and received cash proceeds of $130,000 Received payments on Note Receivable* $120,000 *(Principal $100,000, interest of $20,000) Issued Bonds and received proceeds of $350,000 Paid interest on a long term note $ 15,000 Paid a cash dividend to shareholders $ 20,000 Purchased treasury stock $ 5,000 What is the net cash Inflow or (Outflow) from Investing Activities for 2019? BE SURE TO ENTER OUTFLOWS AS A NEGATIVE WITH A MINUS SIGN (like this -1, not (1)
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