Wainwright Corporation had the following activities in 2025. 1. Sale of land $180,000. 2. Purchase of inventory
Question:
Wainwright Corporation had the following activities in 2025.
1. Sale of land $180,000.
2. Purchase of inventory $845,000.
3. Purchase of treasury stock $72,000.
4. Purchase of equipment $415,000.
5. Issuance of common stock $320,000.
6. Purchase of available-for- sale debt securities $59,000.
Compute the amount Wainwright should report as net cash provided (used) by investing activities in its 2025 statement of cash flows.
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Related Book For 
Intermediate Accounting
ISBN: 9781119790976
18th Edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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