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The following summary transactions occurred during 2024 for Dinos Design: Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable
The following summary transactions occurred during 2024 for Dinos Design: Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale of investments Issuance of notes payable Cash paid for: Purchase of inventory Interest on notes payable Purchase of equipment Salaries to employees Payment of notes payable Dividends to shareholders $ 400,000 9,000 45,000 25,000 130,000 190,000 8,000 71,000 76,000 31,000 26,000 Required: Calculate net cash flows from Investing activities. Note: Amounts to be deducted should be indicated with a minus sign. DINOS DESIGN Statement of Cash Flows For the Year Ended December 31, 2024 Cash flows from investing activities: Net cash flows from investing activities $ 0
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