Preparing the Cash Flow from Investing Activities Section Gomez Corp. reported the following items for the year ended December 31, 2020. Item Dec 31, 2020 Purchased an investment in debt securities (long-term) for cash $ 24,000 Sold equipment for cash previously used in operations 20,000 Paid cash for dividends 8,000 Issued common stock for cash 80,000 Retired a 10-year bond payable by repaying the face value at maturity 64,000 Sold investment in equity securities (held for one-year) 8,800 Borrowed cash by signing a nine-month note payable 12,000 Extended a loan to a customer for a building expansion 6,400 Use a negative sign with your answer to indicate a cash outflow, if applicable. Calculate net cash from investing activities for the year ended December 31, 2020 $ 1