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cooters had the following transactions: Cash proceeds on sale of land $430,000 Cash proceeds on sale of equipment 140,000 Purchase of treasury stock with cash
cooters had the following transactions:
Cash proceeds on sale of land | $430,000 |
Cash proceeds on sale of equipment | 140,000 |
Purchase of treasury stock with cash | 53,000 |
Purchase of equipment with cash | 48,000 |
Issuance of common stock for cash | 70,000 |
On a statement of cash flows prepared under the indirect method, Net cash provided by investing activities is:
$539,000. | ||
$522,000. | ||
$570,000. | ||
$469,000. |
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