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for investing activities and financing activities

Blossom Inc is a private company reporting under ASPE. The following selected account balances were reported in Blossom inc's financial statements at year end: Additional information: 1. Purchased $81,000 of equipment for $12,400 cash and a note payable for the remainder. 2. Equipment was also sold during the year. 3. Sold a building that originally cost $56,000. 4. Used cash to purchase land and a bullding. 5. Mortgage payments and notes payable payments included interest and principal amounts. 6. Commonshares were issued for cash. Determine the amount of any cash inflows or outflows related to investing activities in 2021 . (Hint: Use T accounts to calculate. the cash flows) (Show amounts that decreose cosh flow with either a - sign eg. - 15,000 or in parenthexis es. (15,000) What was the amount of profit reported by Blossom Inc. in 2021 ? Amount of profit eTextbook and Media Question Part Score Determine the amount of any cash inflows or outflows related to financing activities in 2021. (Hint Use T accounts to calculate the cash flows) (Show amounts that decrease cash flow with either a - sign eg. 15,000 or in parenthesis es. (15,000), Identify and determine the amount of any noncash financing activities in 2021. Equipment costing $ was acquired by paying $ cash and issuing a note pay

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