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Mustard Seed Gifts
Mustard Seed Gifts Had the Following Results

Question 102

Multiple Choice

Mustard Seed Gifts
Mustard Seed Gifts had the following results for December 31, Year 1 and Year 2, respectively:
 Year 2 Year 1 Cash $50,000$40,000 Noncash current assets 190,000160,000 Cash flows from financing activities 210,000 Cash flows from operating activities 90,000\begin{array}{lrr}&\text { Year } 2&\text { Year } 1\\\text { Cash } & \$ 50,000 & \$ 40,000 \\\text { Noncash current assets } & 190,000 & 160,000 \\\text { Cash flows from financing activities } & 210,000 & \\\text { Cash flows from operating activities } & 90,000 &\end{array}
-Refer to the figure Mustard Seed Gifts.What was the amount of cash flows from investing activities for Year 2?


A) cash inflow of $290,000
B) cash outflow of $290,000
C) cash outflow of $10,000
D) cash outflow of $30,000

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