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Kanaskas Corp What Was Kanaskas' Cash Flow from Investing Activities for the l

question 66

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Kanaskas Corp.had the following activities during the year:  Proceeds from the sale of land $300,000 Gain on sale of land $50,000 Proceeds from the issue of common shares $1,000,000 Purchase of equipment $450,000 Repayment of mortgage outstanding on the sold land $200,000 Interest paid $22,500 Dividends paid $10,000\begin{array} { l r } \text { Proceeds from the sale of land } & \$ 300,000 \\\text { Gain on sale of land } & \$ 50,000 \\\text { Proceeds from the issue of common shares } & \$ 1,000,000 \\\text { Purchase of equipment } & \$ 450,000 \\\text { Repayment of mortgage outstanding on the sold land } & \$ 200,000 \\\text { Interest paid } & \$ 22,500 \\\text { Dividends paid } & \$ 10,000\end{array} What was Kanaskas' cash flow from investing activities for the year?

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Definitions:

Mate Poaching

The practice of attempting to attract someone who is already in a romantic relationship with someone else.

Erotophobic

Refers to an irrational fear of or strong aversion to sexuality or sexual matters.

Masturbate

The act of self-stimulation of one's own genitals for the purpose of sexual pleasure.

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