The Ardmont group sells its subsidiary Dorrane for 6,500,000, of which 1,500,000 is payable in 18 months; Dorrane held 820,000 of cash at the disposal date (case data). Compute the net investing inflow for the period.
- Sale price
- 6,500,000
- Deferred part
- 1,500,000
- Cash of the subsidiary disposed of
- 820,000