Reference no: EM133006021
Question - DJ Dr. Dr. reported the following transactions in the current year.
Issued common stock for cash 102,400
Paid cash for dividends 36,000
Purchased an investment in debt securities (long-term) for cash $40,000
Sold equipment for cash, previously used in operations 100,000
Retired a 10-year bond payable through the issuance of common stock 100,000
Sold investment in equity securities accounted for at fair value 18,400
Borrowed cash by signing a six-month note payable 28,000
Paid interest on note payable 800
What is the net amount of cash flows that the company would report in the investing activities section of the statement of cash flows?