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Headland Corporation had the following activities in 2017. Sale of land $191,000 Purchase of inventory $875,000 Purchase of treasury stock $72,000 Purchase of equipment $411,000
Headland Corporation had the following activities in 2017. Sale of land $191,000 Purchase of inventory $875,000 Purchase of treasury stock $72,000 Purchase of equipment $411,000 Issuance of common stock $331,000 Purchase of available-for-sale debt securities $55,000 Compute the amount Headland should report as net cash provided (used) by investing activities in its 2017 statement of cash flows. (Show amounts that decrease cash flow with either a sign e g. (15,000).)
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