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In preparing its cash flow statement for the year ended December 3 1 , 2 0 2 4 , Roberts Co . gathered the following

In preparing its cash flow statement for the year ended December 31,2024, Roberts Co. gathered the following data:
Gain on sale of land
$10,000
Proceeds from sale of land
40,000
Purchase of Black, Inc., bonds (face value $200,000),250,200
Amortization of bond discount
4,000
Cash dividends declared
60,000
Cash dividends paid
56,000
Proceeds from sales of Roberts Co. common stock
120,000
In its December 31,2024, statement of cash flows, what amount should Roberts report as net cash outflows from investing activities?
$90,000.
$200,000.
$210,000.
$266,000.

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