31. Flow Company has provided the following information for the year ended Decem

Question

31. Flow Company has provided the following information for the year ended December 31, 2016: Cash paid for interest, $20,500 . Cash paid for dividends, $6,100 Cash dividends received, $4,100 Cash proceeds from bank loan, $30,000 Cash purchase of treasury stock, $11,500 Cash paid for equipment purchase, $27,500 Cash received from issuance of common stock, $37,500 . Cash received from sale of land with a $32,500 book value, $25,400 Acquisition of land costing $51,500 in exchange for preferred stock issuance. Payment of $105,000 note payable by exchanging used machinery with a $77,500 book value and $105,000 fair value How much was Flow's net cash flow from investing activities? A net inflow of $49,900 OA net inflow of $2,100. A net outflow of $2.100 A net outflow of $53,600

Explanation / Answer

Cash paid for equipment -27500 Cash received from sale of land 25400 Net cash flow from investing activites -2100 Option 3 is correct

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