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Consider the following events: Cash of $110,000 was used to purchase a truck. Cash of $60,000 was used to retire bonds. Cash of $50,000 was
Consider the following events: Cash of $110,000 was used to purchase a truck. Cash of $60,000 was used to retire bonds. Cash of $50,000 was received from the sale of an investment at a loss. Cash dividends of $25,000 were paid to stockholders. Plant assets were depreciated $15,000 under the straight line method. Compute the net cash flow from INVESTING activities (parentheses indicate an outflow): Select one: a. (60,000) b. (45,000) c. 60,000 d. (130,000) e. (145,000)
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