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The following summary transactions occurred during the year for Petunia. Cash received from: Collections from customers Interest on notes receivable Collection of notes receivable Sale
The following summary transactions occurred during the year for Petunia. 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 $387,000 9,500 57,000 33,500 107,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus si Cash flows from investing activities: 167,000 8,500 92,000 97,000 28,500 1,000 PETUNIA COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Net cash flows from investing activities
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