Martinez Corporation engaged in the following cash transactions during 2014. Sale of land and building $191,000 Purchase

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Martinez Corporation engaged in the following cash transactions during 2014.

Sale of land and building                      $191,000
Purchase of treasury stock                        40,000
Purchase of land                                       37,000
Payment of cash dividend                        95,000
Purchase of equipment                             53,000
Issuance of common stock                     147,000
Retirement of bonds                               100,000

Compute the net cash provided (used) by investing activities.

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Intermediate Accounting

ISBN: 978-1118147290

15th edition

Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield

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