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Cook Corporation had the following transactions during 2020: 1. Issued $125,000 of common stock for cash 2. Recorded and paid wages expense of $60,000 3.

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Cook Corporation had the following transactions during 2020: 1. Issued $125,000 of common stock for cash 2. Recorded and paid wages expense of $60,000 3. Declared and paid a cash dividend of $10,000 4. Sold an investment (cost $3,000) for cash of $3,000 5. Recorded cash sales of $400,000 6. Bought inventory for cash of $160,000 7. Acquired stock in Lee Corporation for cash of $21,000 8. Repaid a 6-year note payable in the amount of $220,000 9. Received cash from interest on detet investments of $5,000 What is the net cash provided (used) by investing activities? a $5,000 b. $(18,000) O c. $(13,000) d. $8,000 O e. $3,000

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