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Gomez Corp. reported the following items for the year ended December 31. Item Dec 31 Purchased an investment in debt securities (long-term) for cash $
Gomez Corp. reported the following items for the year ended December 31.
Item | Dec 31 |
---|---|
Purchased an investment in debt securities (long-term) for cash | $ 12,000 |
Sold equipment for cash, previously used in operations | 10,000 |
Paid cash for dividends | 4,000 |
Issued common stock for cash | 40,000 |
Retired a 10-year bond payable by repaying the face value at maturity | 32,000 |
Sold investment in equity securities (held for one-year) | 4,400 |
Borrowed cash by signing a nine-month note payable | 6,000 |
Extended a loan to a customer for a building expansion | 3,200 |
Use a negative sign with your answer to indicate a cash outflow, if applicable.
Calculate net cash from investing activities for the year ended December 31. |
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