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In preparing Novak Inc.'s statement of cash flows for the year ended December 31, 2025, the following amounts were available: Collection of note receivable
In preparing Novak Inc.'s statement of cash flows for the year ended December 31, 2025, the following amounts were available: Collection of note receivable $607000 Issuance of bonds payable 641000 Purchase of treasury stock (cost) 295000 What amount should be reported on Novak, Inc.'s statement of cash flows for investing activities? $346000 $607000 $312000 $1248000
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