In preparing a company's statement of cash flows for the most recent year, the following information is available:         Loss on the sale of equipment $ 14,200 Purchase of equipment   147,000 Proceeds from the sale of equipment   128,000 Repayment of outstanding bonds   88,000 Purchase of treasury stock   63,000 Issuance of common stock   97,000 Purchase of land   117,000 Increase in accounts receivable during the year   44,000 Decrease in accounts payable during the year   76,000 Payment of cash dividends   36,000   Net cash flows from investing activities for the year were:

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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In preparing a company's statement of cash flows for the most recent year, the following information is available:
 

     
Loss on the sale of equipment $ 14,200
Purchase of equipment   147,000
Proceeds from the sale of equipment   128,000
Repayment of outstanding bonds   88,000
Purchase of treasury stock   63,000
Issuance of common stock   97,000
Purchase of land   117,000
Increase in accounts receivable during the year   44,000
Decrease in accounts payable during the year   76,000
Payment of cash dividends   36,000
 


Net cash flows from investing activities for the year were:

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