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Sweet Corporation engaged in the following cash transactions during 2020. Sale of land and building $198,100...

Question:

Sweet Corporation engaged in the following cash transactions during 2020. Sale of land and building $198,100 Purchase of trea

Sweet Corporation engaged in the following cash transactions during 2020. Sale of land and building $198,100 Purchase of treasury stock 44,100 Purchase of land 42,000 Payment of cash dividend 94,500 Purchase of equipment 53,800 Issuance of common stock 149,200 Retirement of bonds 108,100 Compute the net cash provided (used) by investing activities. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) SWEET CORPORATION Statement of Cash Flows (Partial),

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Ans:

Sweet corporation
Statement of cash flows (Partial)
Cash flows from investing activities: Amount $
Sale of land and building 198,100
- purchase of land (42,000)
- purchase of equipment (53,800)
Net cash provided by investing activities 102,300

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