Question: Moving to the next question prevents changes to this answer. Question 2 1- Westbreak Corporation is preparing its statement of cash flows. The following transactions

 Moving to the next question prevents changes to this answer. Question

Moving to the next question prevents changes to this answer. Question 2 1- Westbreak Corporation is preparing its statement of cash flows. The following transactions occurred during the year: 1. Sold machinery for $8,000 cash. 2. Purchased a building for $70,000 cash. 3. Issued $70,000 worth of stock to acquire an airplane. 4. Converted long-term bonds by issuing $100,000 worth of stock. 5. Declared and paid a $10,000 cash dividend. In the Cash flows from Investing Activities section of the Statement of Cash Flows we will see: A) - $ 62,000 A) - $ 71,000 A) + $ 9,000 + $ 71,000

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