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Cheyenne Corporation had the following activities in 2017 1. Sale of land $198,000 2. Purchase of inventory $835,000 3. Purchase of treasury stock $72,000 6.
Cheyenne Corporation had the following activities in 2017 1. Sale of land $198,000 2. Purchase of inventory $835,000 3. Purchase of treasury stock $72,000 6. Purchase of available-for-sale debt securities $57,000 4. Purchase of equipment $401,000 5. Issuance of common stock $341,000 Compute the amount Cheyenne 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 by investing activities
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