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Telder Amusement Park issued common stock for $650,000 on January 1, 2012. The company bought fixed assets for $435,000 cash and inventory for $50,000 cash.

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Telder Amusement Park issued common stock for $650,000 on January 1, 2012. The company bought fixed assets for $435,000 cash and inventory for $50,000 cash. Later that same year, the company told fixed assets for $10,000 more than their book value of $65,000. Half of the inventory was sold for $96, 350 during the year. On December 15, cash was used to purchase $49,000 worth of Allen Food Services common stock, which Telder regarded as a long-term investment. Prepare the cash flows from investing activities of the statement of cash flows for Telder Amusement Park

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