Question

The following transactions occurred during the year:
a. A new warehouse was purchased for $110,000 cash.
b. The company's own common stock was purchased for $22,000.
c. An old warehouse costing $80,000 was sold for $45,000, resulting in a gain of $5,000.
d. The company purchased stock in Boston Beer Inc. for $7,500 cash.
e. Stock of Tazer Inc. was sold for $12,500, resulting in a gain of $7,500.
Required
Use this information to compute cash flows from investing activities.


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  • CreatedJuly 16, 2015
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