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Assume a company's balance sheet showed beginning and ending balances in the Long-Term Investments account of $1,100,000 and $900,000, respectively. The company sold a
Assume a company's balance sheet showed beginning and ending balances in the Long-Term Investments account of $1,100,000 and $900,000, respectively. The company sold a long-term investment that cost $300,000 and recorded a gain on this sale of $19,000. Based solely on the information provided, the company's net cash provided by (used in) investing activities would be: Multiple Choice $319,000. $219,000. $300,000. $200,000. D
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