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answer asap pls! Balance Sheets At December 31, Year 2 and Year 1 Year 2 Cash $96,719 Accounts Receivable 100,000 Inventory 206,250 Prepaid Insurance 1,875

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Balance Sheets At December 31, Year 2 and Year 1 Year 2 Cash $96,719 Accounts Receivable 100,000 Inventory 206,250 Prepaid Insurance 1,875 Land, Buildings, and Equipment 1,562,500 Accumulated Depreciation (762,500) Year 1 $28,694 85,313 181,250 2,500 1,406,250 (715,000) Iny tments Total Assets 19,375 106,250 $1,224,219 $1,095,256 Accounts Payable Salaries Payable Notes Payable $95,425 25,000 31,250 $185,838 30,625 93,750 Bonds Payable Common Stock 250,000 375,000 375,000 Retained Earnings 447,544 410.044 $1,224,219 $1.095,256 Additional information for Year 2 (1) Sold available for sale securities costing $86,875 for $92,500. (2) Equipment costing $25,000 with a book value of $6,250 was sold for $7,500 (3) Issued 8% bonds at face value for $250,000. (4) Purchased new equipment for $181,250 and paid cash. (5) Paid cash dividends of $25,000. (6) Net income was $62,500. What is the net cash provided or used by investing activities? Retained Earnings 447.544 410,044 $1.224.219 $1.095,256 Additional information for Year 2 (1) Sold available for sale securities costing $86,875 for $92,500. (2) Equipment costing $25,000 with a book value of $6,250 was sold for $7,500 (3) Issued 8% bonds at face value for $250,000. (4) Purchased new equipment for $181,250 and paid cash. (5) Paid cash dividends of $25,000. (6) Net income was $62,500. What is the net cash provided or used by investing activities? O 81250 O (81250) O 25750 O (27750)

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