with complete solutions, journal entry (if ever) and answer.

Matthew Company provided the following information for the current year: Purchase of inventory 1,950,000 Purchase of land, with the vendor 3,500,000 financing P1,000,000 for 2 years Purchase of plant for cash 2,500,000 Sale of plant: Carrying amount 500,000 Cash proceeds 400,000 Buyback of ordinary shares 700,000 What amount of investing net cash outflows should be reported in the statement of cash flows for the current year? 6,550,000 2 5,600,000 3 4,600,000 5,300,000