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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

  1. 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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