In Gentry Company, land decreased $180,000 because of a cash sale for $180,000, the equipment account increased $40,000 as a result of a cash purchase, and Bonds Payable increased $130,000 from issuance for cash at face value. The net cash provided by investing activities is

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The net cash provided by investing activities is calculated by considering cash inflows and outflows from the sale and purchase of long-term assets. The cash inflow from the sale of land is $180,000, and the cash outflow from the purchase of equipment is $40,000. Therefore, the net cash provided by investing activities is $180,000 - $40,000 = $140,000.

In Gentry Company, Land Decreased $180,000 Because of a Cash