A corporation received $80,000 in cash when it sold a building and paid $50,000 in cash when it purchased some new machinery.As a result,the statement of cash flows would report

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The sale of the building resulted in a cash inflow of $80,000, which is reported as a cash inflow from investing activities. The purchase of machinery resulted in a cash outflow of $50,000, which is also reported as a cash outflow from investing activities. The net cash provided by investing activities is the difference between the cash inflow from the sale of the building and the cash outflow from the purchase of machinery, which is $30,000.

A Corporation Received $80,000 in Cash When It Sold a Building