Question

Cash flows provided by investing activities (LO 3) Carter Hopkins Homes engaged in the following activities during the year:
• Purchased 500 shares of Google for $412,000
• Sold 1,000 shares of Starbucks for $55,000
• Purchased new equipment costing $320,000 for cash
• Sold equipment with a book value of $140,000 for $155,000

Required
Prepare the cash flows provided by investing activities section of Carter Hopkins Homes' statement of cash flows.



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  • CreatedFebruary 21, 2014
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