Practice Question 24 X Net cash provided by investing activities is $120,000 or (sale of land, $100,000 + sale of equipment, $50,000 - purchase of equipment, $30,000). The following data are available for Orange Peels Corporation. Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 Net cash provided by investing activities is $150,000. $190,000. $130,000 O $120,000