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Cash Flow Investing Selected information follows for Cata Select Corporation. Determine the net cash used by investing activities. Show your work below. Depreciation Expense $

Cash Flow Investing
Selected information follows for Cata Select Corporation. Determine the net cash used by investing activities. Show your work below.
Depreciation Expense $86,000
Increase in Accounts Payable $8,000
Proceeds from the sale of land were $120,000
Equipment purchased $147,000
Proceeds from equipment sale $23,000
Dividends payable $60,000
Sale of Common shares $10,000

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