Reference no: EM133077754

Question - Carla Vista Inc. is a private company reporting under ASPE. The following selected account balances were reported in Carla Vista Inc.'s financial statements at year end:

	2021	2020
Cash	$19,425	$8,950
Buildings	853,500	744,000
Equipment	406,000	352,200
Land	104,000	59,250
Accumulated depreciation-buildings	309,500	296,750
Accumulated depreciation-equipment	134,000	100,250
Dividends payable	6,700	3,150
Mortgage payable	548,600	588,600
Notes payable	344,500	313,500
Common shares: 5,490 shares in 2021; 4,090 in 2020	543,500	414,500
Retained earnings	210,000	111,000
Cash dividends declared	29,500	13,600
Depreciation expense-buildings	26,750	40,450
Depreciation expense-equipment	47,955	26,100
Gain on sale of equipment	990	0
Loss on sale of building	11,300	0
Interest expense	49,150	45,050

Additional information:

1. Purchased $79,500 of equipment for $11,800 cash and a note payable for the remainder.

2. Equipment was also sold during the year.

3. Sold a building that originally cost $54,500.

4. Used cash to purchase land and a building.

5. Mortgage payments and notes payable payments included interest and principal amounts.

6. Common shares were issued for cash.

Required - Determine the amount of any cash inflows or outflows related to investing activities in 2021.