The following transactions occurred for A New Company Inc. at the end of the year: a. Purchased a new building by paying $60,000 cash and signing a note payable for $180,000. b. Sold furniture that had an original cost of $11,000 for a gain of $900. The book value of the furniture at the time of the sale was $4000. c. Purchased new furniture for $10,000 cash. d. Sold old computer equipment for $1,700 cash. e. Dividends of $16,000 were paid in cash Work through your calculations for each transaction and prepare the investing section of the statement of cash flows. Cash Flows from Investing Activities: Purchase of New Building by Paying Cash Proceeds from sale of Furniture Purchase of New funiture for cash X Sale of old computer equipment for cash Net Cash Used by Investing Activities X