Question

QUESTION 1
12
Use the following company information to calculate net cash provided or used by investing activities:
(1) Equipment with a book value of $131,250 and an original cost of $225,000 was sold at a loss of $12.750.
(2) Paid $46,500 cash for a new truck,
(3) Sold land costing $24,000 for $27,000 cash, realizing a $3,000 gain.
(4) Purchased treasury stock for $45,750 cash.
(5) Long-term investments in stock are sold for $30.750 cash, realizing a gain of $2.625.
O A $84,000 cash used in investing activities.
B. $129.750 cash used in investing activities.
C. $84,000 cash provided by investing activities.
D. $129,750 cash provided by investing activities.​

Answer 1

Answer:

Sorry dont know the answer