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Use the following company information to find out its net cash provided or used by investing activities:

(a) Equipment with a book value of $125,000 and an original cost of $220,000 was sold at a gain of $22,000.

(b) Paid $49,000 cash for a new truck.

(d) Purchased treasury stock for $53,000 cash.

(e) Long-term investments in stock are sold for $41,000 cash, realizing a gain of $3,500.

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Accounting Basics, Accounting

Category:- Accounting Basics
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