Melmore Ltd had the following activity during 20X7: Proceeds from sale of long-term investments $156,000...
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Accounting
Melmore Ltd had the following activity during 20X7: Proceeds from sale of long-term investments $156,000 Gain on the sale of long-term investments $16,000 Loss on the disposal of equipment ($0 proceeds from disposal) $17,000 Proceeds from sale of preferred shares $182,000 Repayment of long-term debt $30,000
What is the cash flow from investing activities?
A - $189,000
B - $156,000
C - $16,000
D - $173,000
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