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In Cheyenne Corp., land decreased $237600 because of a cash sale for $237600, the equipment account increased $79200 as a result of a cash purchase,

In Cheyenne Corp., land decreased $237600 because of a cash sale for $237600, the equipment account increased $79200 as a result of a cash purchase, and Bonds Payable increased $264000 from issuance for cash at face value. The net cash provided by investing activities is

a. $158400.

b. $237600.

c. $184800.

d. $422400.

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