On January 1,2014,Sudan Company purchased investment securities costing $4,000 and classified them as trading securities.During 2014,Sudan Company sold a portion of these trading securities with a cost of $1,800 for $1,500.The market value of the remainder of these trading securities at December 31,2014,was $1,400.Sudan prepares its statement of cash flows using the indirect method.
Which of the following represents the effect of these transactions on the statement of cash flows for Sudan Company for the year ending December 31,2014?
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