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Use the following excerpts from Fruitcake Company's financial records. Acquired new plant assets $21,000 Collected interest on investments assets (21,000) Sold land used in business

Use the following excerpts from Fruitcake Company's financial records.

Acquired new plant assets $21,000
Collected interest on investments assets (21,000)
Sold land used in business 37,500

Determine net cash flows from investing activities.

$fill in the blank 1

Provide the missing piece of information for the following statement of cash flows puzzle.

Cash flows from operating activities $66,000
Cash flows from investing activities (33,500)
Cash flows from financing activities ?
Cash at the beginning of the year 17,000
Cash at the end of the year 26,500

$fill in the blank 1

Provide the missing piece of information for the following statement of cash flows puzzle.

Cash flows from operating activities $?
Cash flows from investing activities 9,300
Cash flows from financing activities (28,500)
Cash at the beginning of the year 29,000
Cash at the end of the year 26,000

$fill in the blank 1

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