Cash receipts: Sale of common stock Sale of equipment (at $34,000 loss) Sale of land (at $50,000 gain) Cash payments: Purchase of equipment Purchase of treasury stock Retirement of debt ... Dividends on preferred and common stock $250,000 156,000 160,000 $ 178,000 45,000 36,500 75,000 a. Calculate the net amount of cash provided by or used for investing activities for the year. b. What impact, if any, do the following facts have on your calculation? (1) Equipment was sold at a $34,000 loss, and (2) land was sold at a $50,000 gain. C. Briefly explain your decision to exclude any of the items listed if they were not included in your calculation in part a