The following transactions occurred for A New Company Inc. at the end of the year:

a$.$ Purchased a new building by paying $$55,000$ cash and signing a note payable for $$220,000.$

b$.$ Sold furniture that had an original cost of $$13,000$ for a gain of $$600.$ The book value of the

furniture at the time of the sale was $$4500.$

c$.$ Purchased new furniture for $$8,000$ cash.

d$.$ Sold old computer equipment for $$1,600$ cash.

e$.$ Dividends of $$20,000$ 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: