During the current year,ABC Corporation purchased a warehouse for $1,200,000.In order to pay for the warehouse,ABC sold its investment in another company's common stock costing $900,000 for $1,400,000.What amount is reported in ABC's investing section of its statement of cash flows?
A) $0
B) $1,200,000 use of cash
C) $900,000 source of cash
D) $200,000 net cash provided by investing activities
Correct Answer:
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