The Following Data Are Available for Alamo Corporation Net Cash Provided by Investing Activities Is:
A) $285,000

question 100

Multiple Choice

The following data are available for Alamo Corporation. $$\begin{array} { l r } \text { Sale of land } & \$ 225,000 \\\text { Sale of equipment } & \$ 130,000 \\\text { Issuance of common stock } & 140,000 \\\text { Purchase of equipment } & 70,000 \\\text { Payment of cash dividends } & 120,000\end{array}$$ Net cash provided by investing activities is:

• A) $285,000.
• B) $260,000.
• C) $305,000.
• D) $425,000.

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