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What the net cash provided by investing activities is

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Reference no: EM132908716

Problem 1: In Windsor, Inc., land decreased $229500 because of a cash sale for $229500, the equipment account increased $76500 as a result of a cash purchase, and bonds payable increased $255000 from issuance for cash at face value. The net cash provided by investing activities is

Option 1: $229500.

Option 2: $408000.

Option 3: $153000.

Reference no: EM132908716

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