1a. The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment	$39,000
Sale of long-term investment	$18,000
Dividends received on long-term investments	$10,000
Paid off bonds payable	$23,500
Depreciation expense	$12,000

.

Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to:

1b. Financial statements of Rukavina Corporation follow:

Rukavina Corporation Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$42	$39
Accounts receivable	102	90
Inventory	61	49
Property, plant and equipment	798	660
Less: accumulated depreciation	366	317
Total assets	$637	$521
Liabilities and stockholders' equity:
Accounts payable	$82	$88
Bonds payable	185	290
Common stock	112	90
Retained earnings	258	53
Total liabilities and stockholders' equity	$637	$521

Income Statement
Sales	$795
Cost of goods sold	319
Gross margin	476
Selling and administrative expenses	102
Net operating income	374
Income taxes	132
Net income	$242

Cash dividends were $37. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows.

The net cash provided by (used in) investing activities for the year was:

1c. Alcoser Corporation's most recent balance sheet appears below:

Comparative Balance Sheet
	Ending Balance	Beginning Balance
Assets:
Cash and cash equivalents	$34	$29
Accounts receivable	32	36
Inventory	53	66
Property, plant and equipment	554	480
Less accumulated depreciation	208	206
Total assets	$465	$405
Liabilities and stockholders equity:
Accounts payable	$41	$50
Accrued liabilities	17	16
Income taxes payable	28	30
Bonds payable	217	200
Common stock	75	70
Retained earnings	87	39
Total liabilities and equity	$465	$405

Net income for the year was $60. Cash dividends were $12. The company did not dispose of any property, plant, and equipment. It did not issue any bonds payable or repurchase any of its own common stock. The following questions pertain to the company's statement of cash flows. The net cash provided by (used in) investing activities for the year was: