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Exercises (Static) Saved Exercise 11-12A Calculate investing cash flows (LU11-4) Check my Dristell Inc. had the following activities during the year…

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Exercises (Static) Saved Exercise 11-12A Calculate investing cash flows (LU11-4) Check my Dristell Inc. had the following activities during the year…

I need help figuring this out. This is dealing with calculating investing cash flows. I’m not sure where to even start with this problem. Can you show me which ones to add and subtract

Exercises (Static)SavedExercise 11-12A Calculate investing cash flows (LU11-4)Check myDristell Inc. had the following activities during the year (all transactions are for cash unless stated otherwise)a. A building with a book value of $400,000 was sold for $500,000b. Additional common stock was issued for $160,000.c. Dristell purchased its own common stock as treasury stock at a cost of $75,000d. Land was acquired by issuing a 6%, 10-year, $750,000 note payable to the seller.e. A dividend of $40,000 was paid to shareholders.f. An investment in Fleet Corp.’s common stock was made for $120,000.g. New equipment was purchased for $65,000.h. A $90,000 note payable issued three years ago was paid in full.i. A loan for $100,000 was made to one of Dristell’s suppliers. The supplier plans to repay Dristell this amount plus 10% interest within18 months.Required:Calculate net cash flows from investing activities. (List cash outflows and any decrease in cash as negative amounts.Net cash flowsPrev5 of 9Next >A 60Psearchhp

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