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Simba Corporation had the following activities: Sold land for $200 cash Purchased Inventory for $900 cash Issued bonds for $400 cash Sold equipment for $400

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Simba Corporation had the following activities: Sold land for $200 cash Purchased Inventory for $900 cash Issued bonds for $400 cash Sold equipment for $400 cash Purchased treasury stock for $80 cash Purchased stock in Musafa Co. for $200 Collected $500 cash on a LT note receivable Purchased equipment for $700 Issued preferred stock for $200 cash Paid cash dividends of $80 What amounts should Simba report for Net cash provided (used) by (1) investing activities and (2) financing activities? SHOW YOUR WORK FOR PARTIAL CREDIT

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