During the current year,Maddox Industries sold a delivery truck with a book value of $5,000 for $15,000,declared and paid cash dividends of $8,000 and borrowed $50,000 from First National Bank.Maddox's net cash flows provided by investing activities is
A) $5,000
B) $15,000
C) $42,000
D) $50,000
Correct Answer:
Verified
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