Kristopher Corp. reported the following cash transactions in 2021   Land purchased   $500,000 Proceeds from long-term investments sold   300,000 Treasury stock repurchased   75,000 Long-term investments purchased   200,000 Equipment sold at a loss of $40,000 (book value $200,000)           160,000 Interest Revenue Received   6,000               Required:   Calculate Kristopher’s net cash flow from investing activities for 2021.

Free Cash Flows Rhodes Corporation’s financial statements are shown below. Rhodes Corporation: Income Statements for Year Ending December 31 (Millions of Dollars) 2020 2019 Sales $ 13,000 $ 11,000 Operating costs excluding depreciation 11,522 9,638 Depreciation and amortization 390 370 Earnings before interest and taxes $ 1,088 $ 992 Less interest 240 200 Pre-tax income $ 848 $ 792 Taxes (25%) 212 198 Net income available to common stockholders $ 636 $ 594 Common dividends $ 205 $ 200 Rhodes Corporation: Balance Sheets as of December 31 (Millions of Dollars) 2020 2019 Assets Cash $ 550 $ 500 Short-term investments 120 100 Accounts receivable 2,750 2,500 Inventories 1,750 1,700 Total current assets $ 5,170 $ 4,800 Net plant and equipment 3,650 3,500 Total assets $ 8,820 $ 8,300 Liabilities and Equity Accounts payable $ 1,100 $ 1,000 Accruals 550 500 Notes payable 182 100 Total current liabilities $ 1,832…

Based on the following information, compute cash flows from investing activities under GAAP.Cash collections from customers $800Purchase of used equipment 200Depreciation expense 200Sale of investments 450Dividends received 100Interest received 200

Prepare an INDIRECT METHOD statement of cash flows