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10. Trenford & co had the following cash transactions during the current year. Calcualte net cash used for investing activities. 1.Proceeds from insurance of common
10. Trenford & co had the following cash transactions during the current year. Calcualte net cash used for investing activities.
1.Proceeds from insurance of common stock $300,000
2. Payments of dividends 50,000
3. Payement for purchase of land 35,000
4. Proceds from issuance of bonds payable 500,000
5. Payments for purchase of treasury stock 81,000
6.Proceeds from sale of equipment 105,000
7. Payments for purchase of building 400,000
a $1,471,000
b. $1,330,000
c. $330,000
d. $339,000
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