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For the year ended December 31, Year 1, Fields Company made cash payments of $63,300 for dividends, paid interest of $32,100, paid $41,300 cash to

For the year ended December 31, Year 1, Fields Company made cash payments of $63,300 for dividends, paid interest of $32,100, paid $41,300 cash to suppliers, and purchased equipment for $79,300 cash. What is the net cash used by investing activities for Year 1?

Multiple Choice

  • $79,300

  • $142,600

  • $32,100

  • $174,700

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