Wildhorse Inc. is a private company reporting under ASPE. The following selected account balances were reported in Wildhorse Inc's financial statements at year end: 2021 2020 Cash $ 19,575 $ 9,050 Buildings 856,500 746,000 Equipment 408,000 353,800 Land 106,000 60,750 Accumulated depreciation-buildings 310,500 298,250 Accumulated depreciation-equipment 136,000 101,750 Dividends payable 6,800 3,250 Mortgage payable 549,400 589,400 Notes payable 345,500 314,500 Common shares: 5,510 shares in 2021;4,110 in 2020 544,500 415,500 Retained earnings 212,000 113,000 Cash dividends declared 30,500 14,400 Depreciation expense-buildings 27,250 40,550 Depreciation expense-equipment 48,055 26,200 Gain on sale of equipment 1,010 0 Loss on sale of building Interest expense 11,700 49,350 45,250 Additional information: 1. Purchased $80,500 of equipment for $12,200 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $55,500. 4. Used cash to purchase land and a building. 5. Mortgage payments and notes payable payments included interest and principal amounts. 6. Common shares were issued for cash. Determine the amount of any cash inflows or outflows related to investing activities in 2021. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a - signe.g.-15,000 or in parenthesis e.g. (15,000).) WILDHORSE INC. Cash Flow Statement (Partial) Year Ended December 31, 2021 Investing Activities Sale of Building > Purchase of Equipment Net Cash Used by Investing Activities $ What was the amount of profit reported by Wildhorse Inc. in 2021? Amount of profit $ eTextbook and Media Question Part Score --/0.5 Determine the amount of any cash inflows or outflows related to financing activities in 2021. (Hint: Use T accounts to calculate the cash flows.) (Show amounts that decrease cash flow with either a - signe.g.-15,000 or in parenthesis e.g. (15,000).) WILDHORSE INC. Cash Flow Statement (Partial) Month Ended December 31, 2021 Financing Activities