Please do step by step how to calculate profit preferably answer asap

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: Additional information: 1. Purchased $85,500 of equipment for $11,400 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $57,000. 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. Your answer is correct. Determine the amount of any cash inflows or outflows related to investing activities in 2024. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a - sign e.g. 15,000 or in parenthesis e.g. (15,000).) PHAROAH INC. Cash Flow Statement (Partial) $ eTextbook and Media Assistance Used Solution Assistance Used Attempts: 3 of 3 used (b) What was the amount of profit reported by Pharoah Inc. in 2024