Question
In preparing a company's statement of cash flows for the most recent year, the following information is available: Loss on the sale of equipment $
In preparing a company's statement of cash flows for the most recent year, the following information is available: Loss on the sale of equipment $ 15,000 Purchase of equipment 155,000 Proceeds from the sale of equipment 136,000 Repayment of outstanding bonds 92,000 Purchase of treasury stock 67,000 Issuance of common stock 101,000 Purchase of land 125,000 Increase in accounts receivable during the year 48,000 Decrease in accounts payable during the year 80,000 Payment of cash dividends 40,000 Net cash flows from investing activities for the year were:
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$144,000 of net cash provided.
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$129,000 of net cash used.
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$144,000 of net cash used.
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$272,000 of net cash used.
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$236,000 of net cash provided.
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