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QUESTION 1 A company had the following cash flows for the year: (a) Purchased inventory, $60,000 (b) Sold goods to customers, $90,000 (c) Received loan

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QUESTION 1 A company had the following cash flows for the year: (a) Purchased inventory, $60,000 (b) Sold goods to customers, $90,000 (c) Received loan from a local bank, $150,000 (d) Purchased land, $180,000 (e) Purchased treasury stock, $40,000 () Paid dividends, $10,000 Sold delivery truck, $30,000 What amount would be reported for net investing cash flows on the Statement of Cash Flows? ($150,000). O ($180,000) O $30,000. O ($190,000)

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