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Use the information below to answer the question. Proceeds from the sale of marketable securities $160,000 Purchase of land (250,000) 125,000 Proceeds from the sale

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Use the information below to answer the question. Proceeds from the sale of marketable securities $160,000 Purchase of land (250,000) 125,000 Proceeds from the sale of land Net cash provided by investing activities $35,000 Lester's income statement for 2016 includes the following: Loss on the sale of marketable securities $47,000 Gain on the disposal of land 65,000 The cost (book value) of the marketable securities sold during 2017 was $207,000 O $113,000 $160,000 some other amount

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