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MI-T-M Corporation is a manufacturer of high-quality Industrial equipment including power washers and generators. MI-T-M sold equipment for $250,000, purchased a building for $6,500,000,
MI-T-M Corporation is a manufacturer of high-quality Industrial equipment including power washers and generators. MI-T-M sold equipment for $250,000, purchased a building for $6,500,000, sold short-term investments for $280,000, repaid principal on a note payable for $2,300,000, purchase treasury stock for $230,000 and paid cash dividend of $20,000. What was the net cash flow from investing activities?
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