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G Corp had the following activities in 2008: Sale of land $230,000 Purchase of...

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Accounting

  • G Corp had the following activities in 2008:
  1. Sale of land $230,000
  2. Purchase of inventory $645,000
  3. Purchase of treasury stock $33,000
  4. Purchase of equipment $320,000
  5. Issuance of common stock $150,000
  6. Purchase of Investments $60,000
  • Compute the amount G Corp should report as net cash provided (used) by investing activities in the statement of cash flows.

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