Given the following information, determine the amount of cash flows from investing and financing activities.

The company incurred a $1,480 loss on the sale of investment securities in 2017. The company did not sell land during the year.

A. Cash from investing activities =

B. Cash from financing activities

Transcribed Image Text:

Net income Land Common stock 2017 Interest payable $68,000 Investment securities $101,000 $115,200 2016 $143,200 $65,320 $98,600 $142,500 $119,500 $12,550 $10,950 Net income Land Common stock 2017 Interest payable $68,000 Investment securities $101,000 $115,200 2016 $143,200 $65,320 $98,600 $142,500 $119,500 $12,550 $10,950

Answer rating: 100% (QA)

A Cash from sale of investment 115... View the full answer