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Use the following info about Can Corp. 2017. Accounts payable decrease 10,000 Accounts receivable increase 5000 Wages payable decrease 4000 Amortization expense 7000 Cash paid

Use the following info about Can Corp. 2017.

Accounts payable decrease 10,000
Accounts receivable increase 5000
Wages payable decrease 4000
Amortization expense 7000
Cash paid as dividends 30,000
Cash paid to purchase land 85,000
Cash paid to retire bonds payable at par 55,000
Cash received from issuance of common stock 40,000
Cash received from sale of equipment 20,000
Depreciation expense 30,000
Gain on sale of equipment 5,000
Inventory decrease 12,000
Net income 75,000
Prepaid expenses increase 1,000

What is the net cash flow form investing activities?

1. (73,000)

2. (65,000)

3. (85,000)

4. 20,000

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