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Gary Hopkins Homes engaged in the following activities during the year: Purchased 500 shares of Google for $407,000 Sold 1,000 shares of Starbucks for $57,000
Gary Hopkins Homes engaged in the following activities during the year: Purchased 500 shares of Google for $407,000 Sold 1,000 shares of Starbucks for $57,000 Purchased new equipment costing $335,000 for cash . Sold equipment with a book value of $127,000 for $158,000 Prepare the cash flows provided by investing activities section of Gary Hopkins Homes' statement of cash flows. (Show amounts that decrease cash flow with either a sign, e.g. -15,000 or in parentheses, e.g. (15,000).) Cash flows from investing activities $ Net cash by investing activities $ Cash flows from investing activities Sale of equipment Sale of marketable securities Loan repayment Purchase of marketable securities Purchase of equipment Decrease in accounts payable Net cash by investing activities tA $ $
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