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The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $64,000 Sale of long-term investment $46,000 Dividends received on long-term investments
The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $64,000 Sale of long-term investment $46,000 Dividends received on long-term investments $19,000 Paid off bonds payable $51,000 Depreciation expense $19,000 Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to: $(18,000) $(19,000) $(69,000) $(51,000)
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