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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

  • $ 50,000.

  • $ 275,000.

  • $ 300,000.

  • $ 25,000.

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