Question 3 of 5 > - / 10 !!! View Policies Current Attempt in Progress Cullumber Homes Ltd., a private company reporting under ASPE, reported the following for the year ended September 30, 2021: 2021 2020 Land $273,000 $182,000 Building 318,500 318,500 Equipment 126,490 113,750 Accumulated depreciation 59,150 50.050 Dividends payable 9,100 18,200 Mortgage note payable 100,100 45,500 Common shares 214,750 137,400 Retained earnings 200,200 72,800 Depreciation expense 13.650 Gain on equipment sold 1,820 Profit 191,100 Additional information: 1. Equipment was purchased for $18,200. Land was purchased for $31,850 cash and a mortgage note payable was issued for the balance. 3. Common shares were issued for $77,350 cash. Prepare the investing and financing activities sections of the cash flow statement and any required note disclosure. (Hint: Use T accounts to help you 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).) CULLUMBER HOMES LTD. Cash Flow Statement (Partial) $ > $ Note X: Land costing $ was acquired by paying $ cash and issuing a mortgage TE Windows Windows note payable for $