Question: Use the information below to answer the question. Proceeds from the sale of marketable securities $160,000 Purchase of land (250,000) 125,000 Proceeds from the sale

 Use the information below to answer the question. Proceeds from the

Use the information below to answer the question. Proceeds from the sale of marketable securities $160,000 Purchase of land (250,000) 125,000 Proceeds from the sale of land Net cash provided by investing activities $35,000 Lester's income statement for 2016 includes the following: Loss on the sale of marketable securities $47,000 Gain on the disposal of land 65,000 The cost (book value) of the marketable securities sold during 2017 was $207,000 O $113,000 $160,000 some other amount

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