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Turkey Leg, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Turkey
Turkey Leg, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet: Turkey Leg, Inc. Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 Incr/(Decr) $5,000 $10,000 $5,000 15,000 20,000 (5,000 55,000 65,000 (10,000) 36,000 221,000 185,000 Cash Accounts Receivable Merchandise Inventory Plant and Equipment Accumulated Depreciation- Plant and Equipment Investments Total Assets (38,500 (32,400 77,000 91,000 $339,500 $333,600 (6,100 (14,000 $5,900 Additional information provided by the company includes the following: 1. Equipment was purchased for cash. 2. There were no disposals of equipment. 3. Investments were sold for cash What was the amount of net cash provided by (used for) investing activities
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