The following transactions apply to X Company:
Sold merchandise for cash |
$2,119 |
Paid wages |
3,377 |
Purchased new equipment for cash |
8,948 |
Paid dividends |
1,423 |
Bought supplies on account |
4,310 |
Paid operating expenses |
5,646 |
Issued stock to investors for cash |
1,631 |
Repaid a bank loan |
4,924 |
Disposed of old equipment for cash |
6,456 |
Loaned money to another company |
3,599 |
Recorded depreciation during the year |
1,203 |
What is the net effect of these transactions in the Investing Section of the Statement of Cash Flows (assume that a positive number means a net inflow and a negative number means a net outflow)?