[The Following Information Applies to the Questions Displayed Below

question 22

Multiple Choice

[The following information applies to the questions displayed below.]
An analysis of Korman Corporation's Investment in Marketable Securities account during 2018 disclosed the following:
Korman's 2018 income statement included a $40,000 gain on sale of marketable securities and $30,000 dividend income from marketable securities.All payments and proceeds relating to marketable securities transactions were in cash.
-Based solely on the above information,Korman's net cash flow from investing activities for 2018 is:

• A)$80,000 net cash used by investing activities.
• B)$80,000 net cash provided by investing activities.
• C)$120,000 net cash provided by investing activities.
• D)$240,000 net cash provided by investing activities.

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