Question: Xanthe Corporation had the following transactions occur in the current year: 1 . Cash sale of inventory. 2 . Sale of a delivery truck at

Xanthe Corporation had the following transactions occur in the current year:
1. Cash sale of inventory.
2. Sale of a delivery truck at book value.
3. Sale of Xanthe common stock for cash.
4. Issuance of a note payable to a bank for cash.
5. Sale of security held as an available-for-sale investment.
6. Collection of a loan receivable.
How many of the above items will appear as cash inflows from investing activities on the statement of cash flows for the current year?
a. five items
b. four items
c. three items
d. two items

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