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Ryan Ltd. sold equipment with a book value of $140,000 for a 20,000 loss, sold Ryan Ltd. common stock for $90,000, received repayment on a
Ryan Ltd. sold equipment with a book value of $140,000 for a 20,000 loss, sold Ryan Ltd. common stock for $90,000, received repayment on a notes receivable for $220,000 (this amount included $20,000 of interest), paid dividends of $60,000, purchased treasury stock for $25,000, purchased a piece of equipment with a fair market value of $300,000 by paying $45,000 in cash and signing a notes payable for the balance, and received dividends in the amount of $30,000. The net cash inflow from investing activities was
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