During the year Marvane's fixed assets grew by 2,240,000: land received in exchange for shares issued for 600,000, offices taken on lease for 715,000, and equipment paid in cash for the balance. What amount appears as an investing outflow?
- Increase in fixed assets
- 2,240,000
- Land received for shares
- 600,000
- Offices taken on lease
- 715,000