Drumheller Inc What Was Drumheller's Cash Flow from Investing Activities for the Proceeds

question 10

Multiple Choice

Drumheller Inc.had the following activities during the year: $\begin{array}{lr}\text { Proceeds from the sale of land } & \$ 346,000 \\\text { Gain on sale of land } & \$ 46,000 \\\text { Proceeds from the issue of common shares } & \$ 800,000 \\\text { Purchase of equipment } & \$ 450,000\end{array}$ What was Drumheller's cash flow from investing activities for the year?

• A)$104,000 outflow
• B)$58,000 outflow
• C)$696,000 inflow
• D)$742,000 inflow

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A structure within chloroplasts of plants and green algae that captures light energy and transfers it to the photosynthetic reaction centers.

Photosynthesis

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Aerobic Respiration

A metabolic process that converts oxygen and glucose into energy (ATP), water, and carbon dioxide.

Energy Generation

The process of converting various forms of energy, such as chemical, nuclear, or solar, into usable electrical or mechanical energy.