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Tandoor Inc. financial statements included the following amounts for the current year: Retired bonds Proceeds from collection of note receivable Dividends received Acquired production machinery
Tandoor Inc. financial statements included the following amounts for the current year: Retired bonds Proceeds from collection of note receivable Dividends received Acquired production machinery with cash Sold treasury stock $73,000 33,000 45,000 57,000 34,000 Based on this information, what is the amount of net cash provided (used) by investing activities? A. $16,000 net inflow B. $90,000 net inflow C. $24,000 net outflow D. $39,000 net outflow
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