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QUESTION 2 Quiz Company reported the following activities for 2020 Sold land with a cost of $750,000 for $900,000 Purchased equipment for $45,000 Repaid $50,000

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QUESTION 2 Quiz Company reported the following activities for 2020 Sold land with a cost of $750,000 for $900,000 Purchased equipment for $45,000 Repaid $50,000 in principal on a note payable Purchased a building with a fair value of $625,000 for $600,000 Purchased treasury stock for $120.000 Purchased a truck by making a $5,000 down payment and signing a $70,000, 60-month, 4% note payable Resold treasury shares for $150,000 Paid dividends of $250,000 Paid interest of $15,000 Determine cash flows from investing activities for the year ended December 31, 2020, Note: Give your answer using dollar signs and commas but not decimal points (cents). Show net cash outflows as a negative number (in parentheses Examples: $12,345 or $(12,345)

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