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Winnetka Inc. reported the following transactions in the current year. Purchased an investment in debt securities (long-term) for cash $ 50,000 Sold equipment for cash,
Winnetka Inc. reported the following transactions in the current year. Purchased an investment in debt securities (long-term) for cash $ 50,000 Sold equipment for cash, previously used in operations 125,000 Paid cash for dividends 45,000 Issued common stock for cash 128.000 Retired a 10-year bond payable through the issuance of common stock 125,000 Sold investment in equity securities accounted for at fair value 23,000 Borrowed cash by signing a six-month note payable 35.000 Paid interest on note payable 1,000 What is the net amount of cash flows that the company would report in the investing activities section of the statement of cash flows? O A) Net cash inflow of $98,000 B) Net cash inflow of $148,000 O C) Net cash inflow of $133.000 D) Net cash outflow of $53,000
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