What is the effect of these transactions on the net cash

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Reference no: EM133327633

Listed below are some of the transactions of Carpenter Corporation during the current year:

On January 1, equipment costing $19409 with accumulated depreciation of $7874 was sold for $8730.
On March 1, investments costing $24628 were sold for $32951. $30020 of the cash received was used to purchase other investments.
On June 1, bonds were issued totaling $69736.
On September 1, 956 shares of common stock were issued at par value of $21 per share.
On December 31, dividends totaling $9040 were declared and paid.

Question: What is the effect of these transactions on the net cash provided (used) by investing activities?

Reference no: EM133327633

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