Your Answer Correct Answer (Used) - Wainwright Corporation had the following activities in 2020. 1. 2. Your answer is pa

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Your Answer Correct Answer Used Wainwright Corporation Had The Following Activities In 2020 1 2 Your Answer Is Pa 1 (437.54 KiB) Viewed 33 times

Your Answer Correct Answer (Used) - Wainwright Corporation had the following activities in 2020. 1. 2. Your answer is partially correct. 3. Sale of land $180,000 Purchase of inventory $845,000 Purchase of treasury stock $72,000 Net cash used 4. by investing activities 5. 6. Compute the amount Wainwright should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Purchase of equipment $415,000 Issuance of common stock $320,000 Purchase of available-for-sale debt securities $59,000 $ 1/2 = : 1080000 4