Winnemac Inc. reported the following transactions in the current year.

Purchased an investment in debt securities (long-term) for cash	$50,000
Sold equipment for cash, previously used in operations	125,000
Paid cash for dividends	45,000
Issued common stock for cash	128,000
Retired a 10-year bond payable through the issuance of common stock	125,000
Sold investment in equity securities accounted for at fair value	23,000
Borrowed cash by signing a six-month note payable	35,000
Paid interest on note payable	1,000

What is the net amount of cash flows that the company would report in the investing activities section of the statement of cash flows?

Select one:

a. Net cash inflow of $98,000

b. Net cash inflow of $148,000

c. Net cash inflow of $133,000

d. Net cash outflow of $53,000

Answer rating: 100% (QA)

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