In Sheridan Company, land decreased $221,400 because of a cash sale for $221,400, the equipment account increased $73,800 as a result of a cash purchase, and bonds payable increased $246,000 from issuance for cash at face value. The net cash provided by investing activities is 

a). $172200. 

b). $147600.

c). $221400.

d). $393600.

Answer rating: 100% (QA)

A 1 Particulars Amount 2 cash inflow ... View the full answer