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Cash Flow from Investing Activities During 20K1, Craig Company had the following transactions A Purchased $200,600 of 10-year bonds issued by Makenzie Inc. Acquired
Cash Flow from Investing Activities During 20K1, Craig Company had the following transactions A Purchased $200,600 of 10-year bonds issued by Makenzie Inc. Acquired land valued at $70,400 in exchange for machinery C. Sold equipment with original cost of $540,900 for $329,500; accumulated depreciation taken on the equipment to the point of sale was $180,000. 0. Purchased new machinery for $120,800 E. Purchased common stock in Lemmons Company for $55,400. Required: 1. Prepare the net cash from investing activities section of the statement of cash flows. (Note: Use a minus sign to indicate any decreases in cash or cash outflows) Craig Company Statement of Cash Flows (Partial) Year Ending December 31, 20X1 Cash flows from investing activities Noncash investing activity 1. Usualy, the cash from investing activities is negative. How can Creg cover this negative cash flow? What other information would you like to have to make th decision? Complete the items below that utine a response to the questions posed above.
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