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The following data is for the Kris Company for 2018: Gain on sale of equipment $ 8,000 Purchase of First Corp. bonds (face value $250,000)
The following data is for the Kris Company for 2018:
Gain on sale of equipment | $ | 8,000 | |
Purchase of First Corp. bonds (face value $250,000) | 275,000 | ||
Proceeds from sale of machinery | 300,000 | ||
Dividends paid | 50,000 | ||
Proceeds from sale of treasury stock | 200,000 | ||
The amount reported as net cash provided by investing activities is:
Multiple Choice
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$ 50,000.
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$ 275,000.
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$ 300,000.
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$ 25,000.
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