The following transactions were undertaken by Porschet Ltd during the financial year ended 30 June 2017. Ignore GST.

1.Issued ordinary shares for cash, $1,500,000.

2.Purchased land to be held for future expansion for $900,000 cash.3.Paid off a long-term $340,000 loan plus interest of $26,000.4.Sold for $560,000 used cars with a carrying amount of $240,000.5.Paid cash dividends of $150,000.6.Purchased machinery factory, giving $140,000 cash and signing a mortgage loan for $340,000.7.Purchased shares in MBW Ltd to be held as an investment for $340,000 cash.8.Sold a long-term government bond, with a carrying amount of $100,000, for $173,000, including $13,000 accrued interest.9.Purchased shares in Forden Ltd to be held as a long-term investment, paying $320,000 cash.10.Issued 5% debentures for $1,400,000.

Prepare the net cash flow used in investing activities section of the statement of cash flows using the classification shown in Illustrative Example A of IAS 7/AASB 107.(Show amounts that decrease cash flow using either a negative sign, e.g. -15,000, or parentheses, e.g. (15,000).)