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Royal Rumble Inc. had the following transactions during 2018: 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense

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Royal Rumble Inc. had the following transactions during 2018: 1. Issued $125,000 of par value common stock for cash. 2. Recorded and paid wages expense of $60,000 3. Acquired land by issuing common stock of par value $50,000. 4. Declared and paid a cash dividend of $10,000. 5. Sold a long-term investment (cost $3,000) for cash of S3,000. 6. Recorded cash sales of $400,000 7. Bought inventory for cash of $160,000. 8. Acquired an investment in Zynga stock for cash of $21,000. 9. Converted bonds payable to common stock in the amount of $500,000. 10. Repaid a 6 year note payable in the amount of $220,000. What was the net cash flows from investing activities? What was the nest cash flows from financing activities? Investing activities Financing activities

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