Use the Following Information for Questions 22-23

question 33

Multiple Choice

Use the following information for questions 22-23.
ecaHecaRoss Corp.'s transactions for calendar 2020 included the following:
1. Acquired 50% of Lennox Ltd.'s common shares for $ 90,000 cash.
2. Issued 5,000 preferred shares in exchange for land with a fair value of $ 160,000.
3. Issued 11% bonds, par value $ 200,000, due 2020, for $ 196,000 cash.
4. Purchased a patent for $ 110,000 cash.
5. Borrowed $ 90,000 from Bank A.
6. Paid $ 60,000 toward a bank loan with Bank B.
7. Sold long-term investments for $ 398,000.
-The cash provided by investing activities in 2020 was

• A) $ 148,000.
• B) $ 198,000.
• C) $ 238,000.
• D) $ 308,000.

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Definitions:

Mental Health Professionals

Trained individuals who work in various fields related to mental health, such as psychology, psychiatry, counseling, and social work, providing assessment, diagnosis, and treatment.

Consultants

Professionals who provide expert advice in a particular area, such as business, education, law, or healthcare.

Judges

Judges are officials who preside over court hearings and trials, making decisions on legal issues and disputes based on the law.

Fitness To Stand Trial

The legal determination that a defendant has the mental capacity and understanding required to participate in their defense and understand courtroom proceedings.