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The Steele Company s Net Income is $ 1 , 0 0 0 . The following items were used in compiling the Statement of Cash

The Steele Companys Net Income is $1,000. The following items were used in compiling the Statement of Cash Flows (indirect method):
Dividends Paid $ 7
Increase in Prepaid Expense $ 3
Discount on Bond Payable amortization $14
Loss on Fixed Asset Sale $ 2
Proceeds from Fixed Asset Sale $20
Purchase of debt securities (trading) $ 6
Net Cash provided by Investing Activities is:
Question 5Select one:
a.
$20
b.
$10
c.
$1
d.
$15
e.
$14

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