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 $ 19,050 $ 8,700 Buildings 846.000 739,000 Equipment 401,000 348,200 Land 99.000 55,500 Accumulated depreciation-buildings 307,000 293,000 Accumulated depreciation equipment 129,000 96,500 Dividends payable 6,450 2,900 Mortgage payable 546,600 586,600 Notes payable 342,000 311,000 Common shares: 5,440 shares in 2021; 4,040 in 2020 541,000 412.000 Retained earnings 205,000 106,000 Cash dividends declared 27,000 11,600 Depreciation expense-buildings 25,500 40,200 Depreciation expense-equipment 47.705 25,850 Gain on sale of equipment 940 0 Mortgage payable 546,600 586,600 Notes payable 342.000 311,000 Common shares: 5,440 shares in 2021; 4,040 in 2020 541,000 412.000 Retained earnings 205,000 106,000 Cash dividends declared 27,000 11,600 Depreciation expense-buildings 25,500 40,200 Depreciation expense-equipment 47,705 25,850 Gain on sale of equipment 940 0 Loss on sale of building 10,300 0 Interest expense 48,650 44,550 Additional information: 1. Purchased $77,000 of equipment for $10,800 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $52,000. 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. Determine the amount of any cash inflows or outflows related to investing activities in 2021. (Hint: Use Taccounts 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).) IVANHOE INC. Cash Flow Statement (Partial) $ $ e Textbook and Media 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 eg. (15,000).) Cash, December 31 IVANHOE INC. ow Statement (Partial) Net Cash Used by Operating Activities Financing Activities Net Increase in Cash Cash, January 1 Investing Activities Net Cash Used by Investing Activities Net Cash Provided by Financing Activities Net Decrease in Cash Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities Operating Activities Net Cash Used by Financing Activities e Textbook and Media e Textbook and Media Question Part Score --/1 What was the amount of profit reported by Ivanhoe Inc. in 2021? Amount of profit $ eTextbook and Media Question Part Score --/0.5 Determine the amount of any cash inflows or outflows related to financing activities in 2021. (Hint: Use Taccounts 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).) IVANHOE INC. Cash Flow Statement (Partial) Question Part Score --/0.5 Determine the amount of any cash inflows or outflows related to financing activities in 2021. (Hint: Use Taccounts 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).) IVANHOE INC. Cash Flow Statement (Partial) $ $ e Textbook and Media Question Part Score --/1 Operating Activities Ques Cash, January 1 -/3 = Cash, December 31 ow Statement (Partial) Net Cash Used by Financing Activities Net Cash Used by Operating Activities Net Increase in Cash Investing Activities Net Cash Used by Investing Activities Financing Activities Net Cash Provided by Financing Activities Net Decrease in Cash Net Cash Provided by Investing Activities Net Cash Provided by Operating Activities $ e Textbook and Media Question Part Score --/1 Identify and determine the amount of any noncash financing activities in 2021. Equipment costing $ was acquired by paying $ cash and issuing a note pay