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The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2025 and December 31, 2025: January 1 December 31 Accounts
The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2025 and December 31, 2025: January 1 December 31 Accounts payable $ 25,000 $ 17,000 Accounts receivable $ 42,000 $ 36,000 Common stock $110,000 $180,000 Inventory $ 25,000 $ 28,000 Investments $ 34,000 $ 45,000 Land $ 60,000 $ 73,000 Notes payable $100,000 $ 60,000 Retained earnings $ 30,000 $ 89,000 Salaries payable $ 19,000 $ 11,000 Buckeye Company's 2025 income statement is given below: Sales revenue $420,000 Cost of goods sold $296,000 Salaries expense $ 93,000 Gain on sale of investments $ 32,000 Net income $ 63,000 During 2025 Buckeye Company paid $38,000 cash to purchase investments. Calculate the net cash flow from investing activities for 2025. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234).
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