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Jordan began operations on January 1. During the year the following cash transactions occurred: 1) Issued stock for $35,000 2) Borrowed $15,000 from the local

Jordan began operations on January 1. During the year the following cash transactions occurred:

1) Issued stock for $35,000

2) Borrowed $15,000 from the local bank

3) Sold services on account for $32,000

4) Collected 28,000 of the amounts it was owed

5) Paid $10,000 back to the bank

6) Incurred $25,000 of operating expenses on account (to be paid next month)

7) Paid cash to purchase computer equipment costing $1,500

8) Paid $21,000 on its accounts payable

9) Paid its investors $1,000 in dividends

What is the cash flow from Investing Activities?

A.

Ouflow of $1,000

B.

Outflow of $10,000

C.

Outflow of $1,500

D.

Inflow of $50000

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