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Swifty Corporation had the following activities in 2020. Depreciation Expense $12,000 Received Dividends $42,000 Sale of Land at Book Value $196,000 Purchase of Inventory $847,000
Swifty Corporation had the following activities in 2020.
Depreciation Expense | $12,000 |
Received Dividends | $42,000 |
Sale of Land at Book Value | $196,000 |
Purchase of Inventory | $847,000 |
Purchase of treasury stock | $69,000 |
Decrease in Accounts Receivable | $4,000 |
Purchase of equipment | $393,000 |
Issuance of common stock | $299,000 |
Purchase of available-for-sale debt securities | $53,000 |
Paid dividends | $30,000 |
Compute the amount Swifty should report as net cash provided (used) by investing activities in its 2020 statement of cash flows.
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