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Ralirali Corporation's financial statements included the following amounts for the current year: Issued new shares of preferred stock $98,000 Loaned cash to key supplier 24,000
Ralirali Corporation's financial statements included the following amounts for the current year:
Issued new shares of preferred stock | $98,000 |
Loaned cash to key supplier | 24,000 |
Bought new delivery truck for cash | 59,000 |
Proceeds from the sale of used production machinery | 29,000 |
Sold treasury stock | 31,000 |
Based on this information, what is the amount of net cash provided (used) by investing activities?
$30,000 net inflow | ||
$54,000 net inflow | ||
$54,000 net outflow | ||
$5,000 net outflow |
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