Question: Baker Electronics reported the following data for the year ended December 31, 2019: Cash receipt from sale of equipment $40,000 Depreciation Expense 15,000 Cash payment

Baker Electronics reported the following data for the year ended December 31, 2019: Cash receipt from sale of equipment $40,000 Depreciation Expense 15,000 Cash payment of Dividends 7,000 Cash receipt from issuance of Common Stock 21,000 Net Income 50,000 Cash purchase of Land 20,000 Increase in Current Liabilities 11,000 Decrease in Current Assets other than Cash 10,000 What is the cash flow from investing activities?

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