SC Cloudy Question 4 of 15 < > View Policies -/21 E Ayuk Current Attempt in Progress Blossom Inc. is a private company reporting under ASPE. The following selected account balances were reported in Blossom Inc's financial statements at year end 2024 2023 Cash $27,880 $12,600 Building 1,071.000 945,000 Equipment 495.180 428,400 Land: 126,000 75.600 Accumulated depreciation-building 387,450 378.000 Accumulated depreciation-equipment 156,240 118.440 Dividends payable 7,875 3:150 Mortgage payable 686,700 737,100 Notes payable 428,400 390,600 ENG Q Search gs Question 4 of 15 Interest expense 60,795 56,385 1 Additional information: Purchased $94,500 of equipment for $12.600 cash and a note payable for the remainder. 2 Equipment was also sold during the year. 3 Sold a building that originally cost $63.000. 4 4 Used cash to purchase land and a building 5. Mortgage payments and notes payable payments included interest and principal amounts 6. Common shares were issued for cash -/21 Determine the amount of any cash inflows or outflows related to investing activities in 2024. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a-sign es-15,000 or in parenthesis eg (15,000).) BLOSSOM INC. Cash Flow Statement (Partial) 5 Mortgage payments and notes payable payments included interest and principal amounts. 6. Common shares were issued for cash Determine the amount of any cash inflows or outflows related to investing activities in 2024. (Hint: Use Taccounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a sign eg-15,000 or in parenthesis eg. (15,000)) BLOSSOM INC. Cash Flow Statement (Partial) SUPPORT Question 4 of 15 Question Part Score -/21 E Determine the amount of any cash inflows or outflows related to financing activities in 2024. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a sign eg.-15.000 or in parenthesis es. (15,000)) BLOSSOM INC. Cash Flow Statement (Partial) Q Search E IN