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Indigo Corporation engaged in the following cash transactions during 2020. Sale of land and building $ 198,400 Purchase of treasury stock 50,000 Purchase of land
Indigo Corporation engaged in the following cash transactions during 2020. Sale of land and building $ 198,400 Purchase of treasury stock 50,000 Purchase of land 41,800 Payment of cash dividend 87,200 Purchase of equipment 60,500 156,100 Issuance of common stock Retirement of bonds 101,500 Compute the net cash provided (used) by investing activities. (Show amounts that decrease cash flow with either a - signe.g. -15,000 or in parenthesis eg. (15,000).) INDIGO CORPORATION Statement of Cash Flows (Partial) For the Year Ended December 31, 2020 Cash Flows from Financing Activities Purchase of Treasury Stock $ 50000 Payment of Cash Dividend 87200 Issuance of Common Stock 156100 Net Cash Used by Financing Activities $
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