Problem: During 2014, Tada Company sold a building with a book value of $145,000 for proceeds of $132,000. The company also sold long-term investments for proceeds of $45,000. The company purchased land and a new building for $320,000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2014. Compute net cash flows from investing activities.

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During 2014, Tada Company sold a building with a book value of $145,000 for proceeds of $132,000. The company also sold long-term investments for proceeds of $45,000. The company purchased land and a new building for $320,000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2014. Compute net cash flows from investing activities.

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