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The following transactions occurred for A New Company Inc. at the end of the year: a . Purchased a new building by paying $ 6

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 $200,000. Sold furniture that had an original cost of $11,500 for a gain of $700. The book value of the
b. furniture at the time of the sale was $3,500.
c. Purchased new furniture for $12,000 cash.
d. Sold old computer equipment for $1,600 cash.
e. Dividends of $19,000 were paid in cash.
Requirement: Complete the Investing Activities section of the Statement of Cash Flows.
(Enter amounts subtracted or cash paid/used as negative amounts.)
A New Company Inc.
(Partial) Statement of Cash Flows
For Year Ended December 31
Cash flows from investing activities:
Cash paid on building
Cash received from sale of furniture
Cash paid for furniture
Cash received from sale of computer equipment
Net cash used by investing activities
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