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Tucker Tutoring Service Company recorded the following cash transactions for the year: Paid $55,000 for salaries Paid $7,000 to purchase office equipment Paid $6,000 for
Tucker Tutoring Service Company recorded the following cash transactions for the year: Paid $55,000 for salaries Paid $7,000 to purchase office equipment Paid $6,000 for utilities, advertising, and supplies Paid $12,000 for rent Paid $18,000 in dividends Collected $125,000 from customers Borrowed $20,000 from the bank What was the company's net cash provided (used) by investing activities? Question 17 options: ($7,000) $7,000 $13,000 The amount cannot be determined from the information provided.
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