1. This question and the following question pertain to the below information. For this question: What is the Net Cash Flow from Investing Activities?

• Cash paid for interest, $20,000
• Cash paid for dividends, $6,000
• Cash dividends received, $4,000
• Cash proceeds from bank loan, $29,000
• Cash purchase of treasury stock, $11,000
• Cash paid for equipment purchase, $27,000
• Cash received from issuance of common stock, $37,000
• Cash received from sale of land (with a $32,000 net book value), $25,000
• Acquisition of land costing $51,000 in exchange for preferred stock issuance

A. None of these answers are correct

B. A net inflow of $2,000

C. A net outflow of $53,000

D. A net outflow of $2,000

E. A net inflow of $49,000

2.This question has the same information as the previous Cash Flow question. For this question: What is the Net Cash Flow from Financing Activities?

• Cash paid for interest, $20,000
• Cash paid for dividends, $6,000
• Cash dividends received, $4,000
• Cash proceeds from bank loan, $29,000
• Cash purchase of treasury stock, $11,000
• Cash paid for equipment purchase, $27,000
• Cash received from issuance of common stock, $37,000
• Cash received from sale of land (with a $32,000 net book value), $25,000
• Acquisition of land costing $51,000 in exchange for preferred stock issuance

A. A net inflow of $49,000

B. A net inflow of $29,000

C. A net outflow of $51,000

D. A net outflow of $53,000

E. None of these answers are correct