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Homework answers / question archive / The following events occurred last year at Dorder Corporation:   Purchase of plant and equipment $83,000     Sale of long-term investment $61,000     Dividends received on long-term investments $30,000     Paid off bonds payable $63,000     Depreciation expense $28,000     Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to: $(28,000) $(83,000) $(22,000) $(63,000)  

The following events occurred last year at Dorder Corporation:   Purchase of plant and equipment $83,000     Sale of long-term investment $61,000     Dividends received on long-term investments $30,000     Paid off bonds payable $63,000     Depreciation expense $28,000     Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to: $(28,000) $(83,000) $(22,000) $(63,000)  

Finance

The following events occurred last year at Dorder Corporation:

 

Purchase of plant and equipment

$83,000  

  Sale of long-term investment

$61,000  

  Dividends received on long-term investments

$30,000  

  Paid off bonds payable

$63,000  

  Depreciation expense

$28,000  

 

Based on the above information, the cash provided (used) by investing activities for the year on the statement of cash flows would net to:

$(28,000)

$(83,000)

$(22,000)

$(63,000)

 

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