Chapter 12, Problem 15DQ

To determine

Introduction: A company prepares a statement of cash flow for calculating the amount of net decrease or increase in the cash balance during the year. The outflow and inflow of cash from the financing, operating, and investing activities are used to calculate the amount of decrease or increase in the cash balance during the year.

To state: Thename and amount of the investing activities that result in the cash outflow for S company for the year ended December 31, 2017.