Question
During the last fiscal year, Scrapit Corp. reports the following non-current asset transactions: 1. Disposed of a mixer for $7,000 cash 2. Bought a new
During the last fiscal year, Scrapit Corp. reports the following non-current asset transactions: 1. Disposed of a mixer for $7,000 cash 2. Bought a new tractor for $150,000 cash and $20,000 in shares 3. Bought land for $460,000 with a 35 year mortgage, including a $40,000 cash down payment 4. Paid $9,000 cash for goodwill 5. Disposed of land for $35,750 cash 6. Bought a new backhoe for $75,000 cash What amount would Scrapit report in net cash provided/(used) by investing activities? NOTE: Do not use $ sign. For negative asnswers use minus sign "-" (Do not use brackets)
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