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Mary Andrews, Inc. had the following transactions: Cash proceeds on sale of land $ 4 4 0 , 0 0 0 Purchase of equipment with

Mary Andrews, Inc. had the following transactions:
Cash proceeds on sale of land $440,000
Purchase of equipment with land 100,000
Purchase of treasury stock with cash 46,000
Purchase of equipment with cash 54,000
Issuance of common stock for cash 70,000
On a statement of cash flows prepared under the indirect method,
Net cash provided (used) by investing activities is:
A. $610,000. B. $270,000. C. $310,000. D. $386,000.

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