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What kollar net cash used in investing activities was

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Reference no: EM132498590

Kollar Corp.'s transactions for the year ended December 31, 2019 included the following:

  1. Purchased real estate for P550,000 cash which was borrowed from a bank.
  2. Sold investment securities for P500,000.
  3. Paid dividends of P600,000.
  4. Issued 500 shares of common stock for P250,000.
  5. Purchased machinery and equipment for P125,000 cash.
  6. Paid P450,000 toward a bank loan.
  7. Reduced accounts receivable by P100,000.
  8. Increased accounts payable by P200,000.

Question 1: What Kollar's net cash used in investing activities for 2019 was

Reference no: EM132498590

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