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Preparing the Cash Flow from Investing Activities Section Gomez Corp. reported the following items for the year ended December 31, 2020. Item Sold an investment
Preparing the Cash Flow from Investing Activities Section Gomez Corp. reported the following items for the year ended December 31, 2020. Item Sold an investment in debt securities (long-term) for cash Sold equipment for cash, previously used in operations Paid cash for dividends Issued common stock for cash Dec 31, 2020 $ 54,000 45,000 18,000 Retired a 10-year bond payable by repaying the face value at maturity Sold investment in equity securities (held for one-year) Borrowed cash by signing a nine-month note payable Extended a loan to a customer for a building expansion 180,000 144,000 19,800 27,000 14,400 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. $ 0 x
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