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Roberts Company sold equipment for $290,000, purchased a building for $6, 700,000, sold short-term investments for $320,000, repaid principal on a note payable for $2,
Roberts Company sold equipment for $290,000, purchased a building for $6, 700,000, sold short-term investments for $320,000, repaid principal on a note payable for $2, 500,000 plus $270,000 of interest, and paid cash dividends of $24,000. What was the net cash flow from financing activities? $2, 794,000 outflow. $2, 500,000 outflow. $2, 524,000 outflow. $2, 770,000 outflow
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