Answer:
Net Cash outflow of $88,000 by Financing activities.
Step-by-step explanation:
Financing activities involve all the cash transaction for equity or liabilities transactions.
Cash flow from Financing activities
Cash inflows
Issuance of common stock 147,000
Cash outflows
Purchase of treasury stock (40,000)
Payment of cash dividend (95,000 )
Retirement of bonds (100,000)
Net cash outflow (88,000)
All of the following transaction are related to Investing activities.
Purchase of land 37,000
Sale of land and building $191,000
Purchase of equipment 53,000