Use the following company information to calculate net cash provided or used by investing activities:
(a) Equipment with a book value of $185,000 and an original cost of $300,000 was sold for $167,000.
(b) Paid $52,000 cash for a new delivery van.
(c) Purchased land costing $37,500, paid in cash.
(d) Purchased treasury stock for $61,000 cash.
(e) Long-term investments in stock with a cost of $46,500 are sold for $42,000 cash.

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The Answer of Use the following company information to calculate net cash provided or used by investing activities:
(a) Equipment with a book value of $185,000 and an original cost of $300,000 was sold for $167,000.
(b) Paid $52,000 cash for a new delivery van.
(c) Purchased land costing $37,500, paid in cash.
(d) Purchased treasury stock for $61,000 cash.
(e) Long-term investments in stock with a cost of $46,500 are sold for $42,000 cash.

Use the Following Company Information to Calculate Net Cash Provided