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Determine the net cash provided by investing activities

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Reference no: EM133149162

Question - The following events occurred last year at Dorder Corporation:

Purchase of plant and equipment $67,200

Sale of long-term investment $46,500

Dividends received on long-term investments $24,000

Paid off bonds payable $47,000

Depreciation expense $26,500

Based on the above information, determine the net cash provided by (used in) investing activities for the year on the statement of cash flows?

Reference no: EM133149162

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