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Brief Exercise 23-2 Bramble Corporation had the following activities in 2017. 1. Sale of land $167,000 4. Purchase of equipment $378,000 2. Purchase of inventory

Brief Exercise 23-2

Bramble Corporation had the following activities in 2017.

1. Sale of land $167,000 4. Purchase of equipment $378,000
2. Purchase of inventory $904,000 5. Issuance of common stock $345,000
3. Purchase of treasury stock $68,000 6. Purchase of available-for-sale debt securities $53,000

Compute the amount Bramble should report as net cash provided (used) by investing activities in its 2017 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)

Net cash provided or used? investing activities $______________

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