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Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions: 1) issued stock for $42,000 2) borrowed

Yi Company began operations on January 1, 2013. During 2013, the company engaged in the following cash transactions: 1) issued stock for $42,000 2) borrowed $26,000 from its bank 3) provided consulting services for $40,000 4) paid back $16,000 of the bank loan 5) paid rent expense for $9,500 6) purchased equipment costing $13,000 7) paid $3,100 dividends to stockholders 8) paid employees' salaries, $22,000

What is Yi's net cash flow from investing activities?

Inflow of $29,000

Inflow of $42,000

Outflow of $38,100

Outflow of $13,000

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