Compute top net cash used in investing activities

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Reference no: EM132944135

Problem - Top Corporation's transactions for the year ended December 31, 2020 included the following:

Purchased real estate for P550,000 cash which was borrowed from the bank

Sold investment securities for P500,000

Paid dividends of P600,000

Issued 500 ordinary sharees for P250,000 cash

Purchased machinery and equipment for P125,000 cash

Paid 450,000 toward a bank loan

Required - Compute Top's net cash used in investing activities for 2020?

Reference no: EM132944135

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