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Ivanhoe Inc. is a private company reporting under ASPE. The following selected account balances were reported in Ivanhoe Inc.s financial statements at year end: 2021

Ivanhoe Inc. is a private company reporting under ASPE. The following selected account balances were reported in Ivanhoe Inc.s financial statements at year end:

2021 2020
Cash $ 18,225 $ 8,150
Buildings 829,500 728,000
Equipment 390,000 339,400
Land 88,000 47,250
Accumulated depreciationbuildings 301,500 284,750
Accumulated depreciationequipment 118,000 88,250
Dividends payable 5,900 2,350
Mortgage payable 542,200 582,200
Notes payable 336,500 305,500
Common shares: 5,330 shares in 2021; 3,930 in 2020 535,500 406,500
Retained earnings 194,000 95,000
Cash dividends declared 21,500 7,200
Depreciation expensebuildings 22,750 39,650
Depreciation expenseequipment 47,155 25,300
Gain on sale of equipment 830 0
Loss on sale of building 8,100 0
Interest expense 47,550 43,450

Additional information:
1. Purchased $71,500 of equipment for $8,600 cash and a note payable for the remainder.
2. Equipment was also sold during the year.
3. Sold a building that originally cost $46,500.
4. Used cash to purchase land and a building.
5. Mortgage payments and notes payable payments included interest and principal amounts.
6. Common shares were issued for cash.

1 Determine the amount of any cash inflows or outflows related to investing activities in 2021. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) ?

2 What was the amount of profit reported by Ivanhoe Inc. in 2021? ?

3 Determine the amount of any cash inflows or outflows related to financing activities in 2021. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

4 Identify and determine the amount of any noncash financing activities in 2021.?

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