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The following events occurred last year at Dorder Corporation: Purchase of plant and equipment Sale of long-term investment Dividends received on long-term investments Paid off
The following events occurred last year at Dorder Corporation: Purchase of plant and equipment Sale of long-term investment Dividends received on long-term investments Paid off bonds payable Depreciation expense $46,800 $25,000 $12,500 $26,700 $12,000 Based on the above information, the net cash provided by (used in) Investing activities for the year on the statement of cash flows would be: Multiple Choice $48000 $(12.000) $(26,700) $(21,800)
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