Question: Please answer this with solutions if possible. Thanks! The following transactions occurred at BBS Company in 2022. 1. The company purchased a new building for

Please answer this with solutions if possible. Thanks!Please answer this with solutions if possible. Thanks! The following transactions occurred

The following transactions occurred at BBS Company in 2022. 1. The company purchased a new building for $348,000. A down payment of $58,000 was made. The balance is due in four equal annual installments (plus interest) beginning July 1,2023. 2. The company bought 1,000 shares of its own common stock for $28,000. 3. The company purchased as an investment $59,000 par value of Ridge Company's 8 percent bonds, maturing in five years. The purchase price was $57,000. Required: Compute the company's net cash flow from investing activities. (Amounts to be deducted should be indicated with a minus sign.)

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