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Selected data from the Income Statement and Balance Sheet of Old Home, Inc. are as follows Net Income 493,000 Depreciation Expense 11,580 Incr Accts Receivable

Selected data from the Income Statement and Balance Sheet of Old Home, Inc. are as follows

Net Income 493,000

Depreciation Expense 11,580

Incr Accts Receivable 9,000

Decr Accts Payable 3,350

Sale of Land 120,000

Purchase of Equipment 1,800

Decr Noncurrent Note Receivable 21,750

Issue Common Stock 25,000

Dividend paid in cash 24,000

Decr in Bonds 375,000

Prepare the Cash Flows from Investing Activities section of the statement of cash flows. Note that not all items are in this section.

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