QUESTION $2$

Net income

Cash dividends paid to stockholders Cash proceeds from sale of land Cash proceeds from bank loan $$15,5003,6003,8009,800$ Cash payment $($principal$)$ on bank loan $2,700$ Cash paid to purchase equipment $7,200$

The company would report net cash provided by $($used in$)$ Investing activities of:

$$3,500.$

$$9,800.$

$$(4,750).$

$$12,500.$

None of the above

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