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Kristopher Corp. reported the following cash transactions in 2022 Land purchased $400,000 Proceeds from long-term investments sold 200,000 Treasury stock repurchased 55,000 Long-term investments purchased
- Kristopher Corp. reported the following cash transactions in 2022
Land purchased | $400,000 | |
Proceeds from long-term investments sold | 200,000 | |
Treasury stock repurchased | 55,000 | |
Long-term investments purchased | 150,000 | |
Equipment sold at a loss of $20,000 (book value $200,000) | 180,000 | |
Interest Revenue Received | 7,000 |
Required:
Calculate Kristophers net cash flow from investing activities for 2022.
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