Roberts Company Sold Equipment for $250,000,purchased a Building for $6,500,000,sold

Question 73
Multiple Choice

Roberts Company sold equipment for $250,000,purchased a building for $6,500,000,sold short-term investments for $280,000,repaid principal on a note payable for $2,300,000 plus $230,000 of interest,and paid cash dividends of $20,000. What was the net cash flow from investing activities? A)$6,250,000 outflow. B)$8,320,000 outflow. C)$8,270,000 outflow. D)$5,970,000 outflow.