Roberts Company, a manufacturing firm, sold factory equipment for $270,000, purchased an office building for $6,600,000, repaid principal on a note payable for $2,400,000 plus $250,000 of interest, and paid cash dividends of $22,000.

On the Cash Flow Statement cash flows from investing activities would show:

Multiple Choice

• $6,330,000 outflow.

• $6,030,000 outflow.

• $8,752,000 outflow.

• $9,002,000 outflow.