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On December 31, 2023 Riverbed Corp. is preparing its year-end cash flow statement. The following activities occurred during the last 12 months: - Sold equipment
On December 31, 2023 Riverbed Corp. is preparing its year-end cash flow statement. The following activities occurred during the last 12 months: - Sold equipment for $14900 that originally cost $49600 - Purchased land and a building for $1576000 - Issued $2736000 in bonds - Sold $56600 in common shares - Declared $10900 in dividends to be paid in January - Net income for the period was $157600 What was the total net cash of the investing activities for the period? $1526400 cash outflow $1561100 cash outflow $1684000 cash inflow $1526400 cash inflow
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