Reference no: EM131202537
The following selected account balances were taken from Buckeye Company's general ledger at January 1, 2018 and December 31, 2018: January 1, 2018 December 31, 2018 Accounts receivable 42,000 36,000 Inventory 25,000 28,000 Accounts payable 25,000 17,000 Salaries payable 1,000 5,000 Investments 34,000 48,000 Land 60,000 80,000 Mortgage payable 100,000 50,000 Common stock 110,000 130,000 Retained earnings 30,000 49,000 The following information was taken from Buckeye Company's 2018 income statement: Sales revenue $420,000 Cost of goods sold 296,000 Salaries expense 93,000 Loss on sale of investments 2,000 Net income $ 29,000 It is known that during 2018 Buckeye Company purchased investments for $38,000 cash. Calculate the net cash flow from investing activities for 2018. If your answer is negative, place a minus sign in front of your answer with no spaces in between (e.g., -1234). Do not use decimals in your answer.
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Net cash flow from financing activities
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Calculate the net cash flow from investing activities
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