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  3. bad brad's bbq had cash flows for the year as foll

Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH...

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Accounting

Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 2,300 Interest on investments 280 Sale of land 110 Sale of common stock 570 Issuance of debt securities 2,800 CASH PAID FOR: Interest on debt $ 270 Income tax 170 Debt principal reduction 1,700 Purchase of equipment 3,300 Purchase of inventory 750 Dividends on common stock 230 Operating expenses 500 Bad Brad's would report net cash inflows (outflows) from investing activities in the amount of:

1) $(390)

2) $(3,300)

3) $110

4) $(3,190)

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