The following events occurred last year at Dorder Corporation: Purchase of plant and equipment Sale of long-term investment Dividends received on long-term investments Paid off bonds payable Depreciation expense Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be: Multiple Choice O $(83,000) O $22.000) O $(63.000) $ 83,000 $ 61,000 $ 30,000 $ 63,000 $ 28,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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The following events occurred last year at Dorder Corporation:
Purchase of plant and equipment
Sale of long-term investment
Dividends received on long-term investments
$ 83,000
$ 61,000
$ 30,000
Paid off bonds payable
$ 63,000
Depreciation expense
$ 28,000
Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be
Multiple Choice
$(83,000)
O $(22.000)
O $(63,000)
Transcribed Image Text:The following events occurred last year at Dorder Corporation: Purchase of plant and equipment Sale of long-term investment Dividends received on long-term investments $ 83,000 $ 61,000 $ 30,000 Paid off bonds payable $ 63,000 Depreciation expense $ 28,000 Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be Multiple Choice $(83,000) O $(22.000) O $(63,000)
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