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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 Purchase
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 Purchase of equipment Proceeds from the sale of equipment Repayment of outstanding bonds Purchase of treasury stock Issuance of common stock Purchase of land Increase in accounts receivable during the year Decrease in accounts payable during the year Payment of cash dividends $ 14,600 151,000 132,000 90,000 65,000 99,000 121,000 46,000 78,000 38,000 Net cash flows from investing activities for the year were: Multiple Choice $140,000 of net cash provided. $264,000 of net cash used. $125,400 of net cash used. $230,000 of net cash provided. $140,000 of net cash used
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