The following data is from the comparative balance sheets of Wilson Company: Cash Accounts Receivable Inventory Prepaid Insurance Investments Equipment Accum. Depreciation Totals 2004 $55,500 64,500 98,700 800 5,000 100,000 (32,000) 292,500 2003 $32,400 73,200 97,900 1,200 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Investments Equipment Accum. Depreciation Totals 5,000 100,000 (32.000 292,500 15,000 87,000 (22,000) 284,700 Accounts Payable Bonds Payable Common Stock Retained Earnings Totals 14,100 60,000 120,000 98,400 292,500 18,300 80,000 100,000 86,400 284,700 Here is some additional information: 1. The net income was $20,000 which included a gain of $2,500 on the sale of some investments which cost $10,000. 2. Depreciation expense was $10,000. 3. Stock was issued for cash. 4. Bonds were retired for cash. 5. Dividends of $8,000 were paid. 6. Equipment was bought for cash. Use this information to answer the following question: Question 2 What was the net cash flow from investing activities? Was it a net inflow or outflow? (Answer "I" for inflow or "O" for outflow) Your Answers (money) (letter)