An accountant signed a contract with a new client in March. The accountant performed services in April. The accountant sent the client an invoice in May. The accountant received cash from the client in June. Under accrual accounting, the accountant recognizes revenue in 2.5 points Save Answ March May Scooters had the following transactions: Cash proceeds on sale of land $430,000 Cash proceeds on sale of equipment 140,000 Purchase of treasury stock with cash 53,000 Purchase of equipment with cash 48,000 Issuance of common stock for cash 70,000 On a statement of cash flows prepared under the indirect method, Net cash provided by investing activities is: $570,000. $469,000. $539,000 $522,000