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Use the following information to answer the question: Proceeds from the sale of marketable securities Purchase of land Proceeds from the sale of land Net
Use the following information to answer the question: Proceeds from the sale of marketable securities Purchase of land Proceeds from the sale of land Net cash provided by investing activities $160,000 (250,000) 125,000 $35,000 Lester's income statement for 2016 includes the following: Loss on the sale of marketable securities Gain on the disposal of land $47,000 65,000 Lester's balance sheet at the end of 2017 showed investment in marketable securities at $250,000. On the basis of the data presented above, compute the amount to be reported for investment in marketable securities in Lester Corporation's balance sheet at December 31, 2018 $43,000 $110,000 0 $137,000 0 $253,000 0
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