M$12-8($Algo$)$ Computing Cash Flows under IFRS $[$LO $12-1]$

Based on the following information, compute cash flows from investing activities under IFRS.

Table $1$

Cash collections from customers $ $830$

Purchase of used equipment $260$

Depreciation expense $206$

Sale of investments $480$

Dividends received $130$

Interest received $206$

Table $2$

Purchase of investments $ $280$

Dividends paid $1,260$

Interest paid $430$

Additional borrowing from bank $2,860$

Required:

Calculate the maximum investing cash inflows that could be reported under IFRS using the first table.

Calculate the maximum financing cash flows that could be reported under IFRS using the second table.