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The following information is present for Feig Company for the year 2019: Cash Sales Collected from Customers $800 Purchase of used equipment 200 Depreciation expense
The following information is present for Feig Company for the year 2019:
Cash Sales Collected from Customers | $800 | |||
Purchase of used equipment | 200 | |||
Depreciation expense | 200 | |||
Sale of investments that cost $350 | 450 | |||
Dividends received | 100 | |||
Dividends paid | 300 | |||
Interest received | 200 |
Required:
Prepare the Investing Section only of the Statement of Cash Flows for Feig Company for the year 2019, assuming Feig uses the indirect method. (Hint: Only two of the transactions listed above will be reported in the Investing Section.)
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