14. Statement of Cash Flows

Which of the following is a cash flow from investing activities?

The cash received from the sale of factory equipment no longer in use would be reported in the cash flow statement as an:

Spooky Company is preparing its Statement of Cash Flows and gathered the following information: 

1. Since the previous year:the cash account increased by \$35,000, land increased by \$40,000, Equipment decreased by \$15,000, Accumulated Depreciation – Equipment increased by \$6,000, and Bonds Payable increased by \$100,000 

2. Depreciation expense for Equipment totaled \$16,000. 

3. Equipment with a purchase price of \$15,000 was sold for a \$2,000 gain. 

4. Spooky loaned \$24,000 to Witch Company signing a long-term note receivable. 

5. Spooky declared and paid dividends of \$32,000. Net income was \$420,000. 

What is Spooky Company's net cash flow from investing activities?