Pharoah Inc. is a private company reporting under ASPE. The following selected account balances were reported in Pharoah Inc's financial statements at year end: 2021 2020 Cash $19,200 $8,800 Buildings 849,000 741,000 Equipment 403,000 349,800 Land 101,000 57.000 Accumulated depreciation-buildings 308,000 294,500 Accumulated depreciation-equipment 131.000 98,000 Dividends payable 6,550 3,000 Mortgage payable 547,400 587,400 Notes payable 343.000 312.000 Common shares: 5,460 shares in 2021:4,060 in 2020 542,000 413,000 Retained earnings 207.000 108,000 Cash dividends declared 28.000 12,400 Depreciation expense-buildings 26,000 40,300 Depreciation expense-equipment 47,805 25,950 Gain on sale of equipment 960 0 Loss on sale of building 10.700 0 Interest expense 48,850 44,750 Additional information: 1. Purchased $78,000 of equipment for $11,200 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $53,000. Additional information: 1. Purchased $78,000 of equipment for $11,200 cash and a note payable for the remainder, 2. Equipment was also sold during the year, 3. Sold a building that originally cost $53,000 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. (a) 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 signes. -15,000 or in parenthesis es (15,000).) PHAROAH INC. Cash Flow Statement (Partial) Year Ended December 31, 2021 Investing Activities V $ 11200 Purchase of Equipment 18812 Sale of Equipment