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Given the following information about Shimmer Shoes Inc. in 20Y1, calculate the Net Cash Provided(Used) in Investing Activities: Issued debt during the period with proceeds
Given the following information about Shimmer Shoes Inc. in 20Y1, calculate the Net Cash Provided(Used) in Investing Activities: Issued debt during the period with proceeds totaling $100,000 Posted Net Earnings for the period of $20,000 Repaid $10,000 on long term debt taken out 5 years prior Purchased $15,000 worth of stock in Flyer Corporation with cash Accounts Receivable for the company increased by $30,000 Declared and paid a cash dividend of $5,000 to shareholders Recorded a gain of $15,000 on sale of Kettering Factory Received $150,000 in cash on the sale of their Kettering Factory Accounts payable for the company decreased by $50,000 $120,000 $165,000 $135,000 $150,000
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