A company purchased equipment for $30,000 cash, obtained a bank loan for $20,000, collected $100,000...
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Finance
A company purchased equipment for $30,000 cash, obtained a bank loan for $20,000, collected $100,000 from its customers, issued stock for $25,000, paid employees wages of $25,000, sold land for $265,000 and purchased a truck for $35,000. Calculate the net cash from investing activities.
Group of answer choices
A:$205,000
B:$200,000
C:$75,000
D:$45,000
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