Question
Selected information from Mills Corporation's accounting records and financial statements for 2016 is as follows Cash paid to acquire equipment (-) $16,958 Treasury stock purchased
Selected information from Mills Corporation's accounting records and financial statements for 2016 is as follows
Cash paid to acquire equipment (-) | $16,958 |
Treasury stock purchased for cash | 15,848 |
Proceeds from sale of land and buildings (+) | 50,004 |
Gain from the sale of land and buildings | 14,363 |
Investment revenue received | 5,907 |
Cash paid to acquire office equipment (-) | 33,555 |
On its statement of cash flows, Mercer should report net cash flows from investing activities of: $______
If a cash inflow, leave as a positive number. If a cash flow, show a negative number with -. For example, if your answer is (1,000), show your answer as -1,000.
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