Consider the following events: Cash of $112,000 was used to purchase a truck. Cash of...
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Accounting
Consider the following events: Cash of $112,000 was used to purchase a truck. Cash of $80,000 was used to retire bonds. Cash of $50,000 was received from the sale of an investment at a loss. Cash dividends of $28,000 were paid to stockholders. Plant assets were depreciated $12,000 under the straight line method. Compute the net cash flow from INVESTING activities (parentheses indicate an outflow):
Select one: a. (14,000) b. 50,000 c. (62,000) d. None of the above e. (142,000)
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