Tandoor Inc. financial statements included the following amounts for the current year: $$\begin{array} {| l | r| }
\hline \text { Retired bonds } & \$ 73,000 \
\hline \text { Proceeds from collection of note receivable } & 31,000 \
\hline \text { Dividends received } & 45,000 \
\hline \text { Acquired production machinery with cash } & 59,000 \
\hline \text { Sold treasury stock } & 39,000 \
\hline
\end{array}$$
Based on this information, what is the amount of net cash provided (used) by investing activities?

Question

Tandoor Inc. financial statements included the following amounts for the current year: $$\begin{array} {| l | r| } 
\hline \text { Retired bonds } & \$ 73,000 \
\hline \text { Proceeds from collection of note receivable } & 31,000 \
\hline \text { Dividends received } & 45,000 \
\hline \text { Acquired production machinery with cash } & 59,000 \
\hline \text { Sold treasury stock } & 39,000 \
\hline
\end{array}$$ 
Based on this information, what is the amount of net cash provided (used) by investing activities?

Quizplus · Accepted Answer

The Answer of Tandoor Inc. financial statements included the following amounts for the current year: $$\begin{array} {| l | r| } 
\hline \text { Retired bonds } & \$ 73,000 \
\hline \text { Proceeds from collection of note receivable } & 31,000 \
\hline \text { Dividends received } & 45,000 \
\hline \text { Acquired production machinery with cash } & 59,000 \
\hline \text { Sold treasury stock } & 39,000 \
\hline
\end{array}$$ 
Based on this information, what is the amount of net cash provided (used) by investing activities?

Tandoor Inc Based on This Information, What Is the Amount of Net