(5) UWorld ROGER\ CPA Review\ Red, Incorporated had the following activities during year 8:\ Acquired a bond investment for

$60,000

, which Red intends to hold to maturity.\ Sold equipment for

$24,000

when the carrying value was

$22,000

.\ Acquired a debt security for

$8,500

, which Red intends to hold for trading.\ Collected

$12,500

from long-term note receivable of which

$2,500

is interest.\ In Red's year 8 statement of cash flows, net cash used in investing activities should be

Red, Incorporated had the following activities during year 8: - Acquired a bond investment for $60,000, which Red intends to hold to maturity. - Sold equipment for $24,000 when the carrying value was $22,000. - Acquired a debt security for $8,500, which Red intends to hold for trading. - Collected $12,500 from long-term note receivable of which $2,500 is interest. In Red's year 8 statement of cash flows, net cash used in investing activities should be