Determine amount of cash provided by or used for investing

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Reference no: EM132767196

Net sales $300,000

Accounts receivables 30,000

Sale of marketable securities 90,000

Paid to suppliers and employees 127,000

Purchase of investments 45,000

Purchase of marketable securities 100,000

Sale of plant assets 360,000

Paid dividends 20,000

Purchase of treasury stock 40,000

Interest and dividends received 50,000

Problem 1: Determine the amount of cash provided by or used for investing activities.

Option 1: $ 30,5000

Option 2: $ 300,000

Option 3: $ 350,000

Option 4: $ 355,000

Reference no: EM132767196

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