On December 31, 2023, Riverbed Corp. is preparing its year-end cash flow statement. The following activities occurred during the last 12 months: -
- Sold equipment for $14900 that originally cost $49600
- Purchased land and a building for $1576000
- Issued $2736000 in bonds
- Sold $56600 in common shares
- Declared $10900 in dividends to be paid in January
- Net income for the period was $157600
What was the total net cash of the investing activities for the period?
- $1526400 cash outflow.
- $1561100 cash outflow.
- $1684000 cash inflow.
- $1526400 cash inflow.