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Ralirali Corporation's Financial Statements Included the Following Amounts for the Current

Question 63

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Ralirali Corporation's financial statements included the following amounts for the current year:  Issued new shares of preferred stock $98,000 Loaned cash to key supplier 24,000 Bought new delivery truck for cash 59,000 Proceeds from the sale of used production machinery 29,000 Sold treasury stock 31,000\begin{array} { | l | r | } \hline \text { Issued new shares of preferred stock } & \$ 98,000 \\\hline \text { Loaned cash to key supplier } & 24,000 \\\hline \text { Bought new delivery truck for cash } & 59,000 \\\hline \text { Proceeds from the sale of used production machinery } & 29,000 \\\hline \text { Sold treasury stock } & 31,000 \\\hline\end{array}
Based on this information, what is the amount of net cash provided (used) by investing activities?


A) $30,000 net inflow
B) $54,000 net inflow
C) $54,000 net outflow
D) $5,000 net outflow

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