Selmont acquired 760,000 of property, plant and equipment. The amount owed to suppliers of fixed assets moves from 45,000 to 118,000. It also capitalised 96,000 of development costs, paid during the year (case data). Compute the related investing outflows.
- Acquisitions for the period
- 760,000
- Fixed asset payables at the start
- 45,000
- Fixed asset payables at the end
- 118,000
- Capitalised development costs
- 96,000