Question
Marigold Corp.'s transactions for the year ended December 31, 2018 included the following: Purchased real estate for $1240000 cash which was borrowed from a bank.
Marigold Corp.'s transactions for the year ended December 31, 2018 included the following: Purchased real estate for $1240000 cash which was borrowed from a bank. Sold available-for-sale securities for $1050000. Paid dividends of $1200000. Issued 520 shares of common stock for $520000. Purchased machinery and equipment for $253000 cash. Paid $905000 toward a bank loan. Reduced accounts receivable by $191000.
Increased accounts payable $397000. Marigold's net cash used in investing activities for 2018 was
$443000. $253000. $1493000. $773000.
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