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The following summary transactions occurred during the year for Daisy. Cash received from: Collections from customers $ 3 9 8 , 0 0 0 Interest
The following summary transactions occurred during the year for Daisy.
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
Required:
Calculate net cash flows from investing activities. Amounts to be deducted should be indicated with a minus sign.
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