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noncash investing and financing activities combining the following information compu 691888

Noncash Investing and Financing Activities

Combining the following information, compute the total amount of (1) cash flow from investing activities and (2) cash flow from financing activities.

(a) Purchased a building for $120,000.Paid $40,000 and signed a mortgage with the seller for the remaining $80,000.

(b) Executed a debt equity swap: replaced a $67,000 loan by giving the lender shares of common stock worth $67,000 on the date the swap was executed.

(c) Purchased land for $100,000. Signed a note for $35,000 and gave shares of common stock worth $65,000.

(d) Borrowed $56,000 under a long term loan agreement. Used the cash from the loan proceeds as follows: $15,000 for purchase of additional inventory, $30,000 to pay cash dividends, and $11,000 to increase the cash balance.

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