Question: Please provide the correct answer to this general accounting problem using accurate calculations. Stonefield Inc. reported the following cash transactions during the year: Purchased equipment

Please provide the correct answer to this general accounting problem using accurate calculations.

Please provide the correct answer to this general
Stonefield Inc. reported the following cash transactions during the year: Purchased equipment for $85,000 Sold a long-term investment for $42,000 Received loan repayment from another company: $36,000 Paid interest on debt: $19,000 Paid cash dividends: $52,000 Paid income taxes: $28,000 Based only on the information above, what is the net cash provided by (or used in) investing activities on the statement of cash flows

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