The following summary transactions occurred during the year for Daisy. Cash received from: Collections from customers...
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The following summary transactions occurred during the year for Daisy. Cash received from: Collections from customers $386,000 Interest on notes receivable 9,000 Collection of notes receivable 56,000 Sale of investments 33,000 Issuance of notes payable 106,000 Cash paid for: Purchase of inventory 166,000 Interest on notes payable 8,000 Purchase of equipment 91,000 Salaries to employees 96,000 Payment of notes payable 28,000 Dividends to shareholders 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) DAISY COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from investing activities: Net cash flows from investing activities 0 The following summary transactions occurred during the year for Daisy. Cash received from: Collections from customers $386,000 Interest on notes receivable 9,000 Collection of notes receivable 56,000 Sale of investments 33,000 Issuance of notes payable 106,000 Cash paid for: Purchase of inventory 166,000 Interest on notes payable 8,000 Purchase of equipment 91,000 Salaries to employees 96,000 Payment of notes payable 28,000 Dividends to shareholders 1,000 Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) Required: Calculate net cash flows from investing activities. (Amounts to be deducted should be indicated with a minus sign.) DAISY COMPUTER Statement of Cash Flows (partial) For the Year Ended December 31, 2024 Cash flows from investing activities: Net cash flows from investing activities 0
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