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  3. the following information is from the noncurrent a

The following information is from the noncurrent asset portion of Raggetti Companys balance sheet. ...

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Accounting

The following information is from the noncurrent asset portion of Raggetti Companys balance sheet.
Dec. 31,2020
Dec. 31,2019
Property, plant, and equipment
$900,000
$750,000
Accumulated depreciation (417,000)(327,000)
Long-term investments
189,000
90,000
The following activities occurred during 2020:
Sold equipment with an original cost of $120,000 and a book value of $24,000 for $21,000 cash.
Depreciation expense for the year totaled $186,000.
Purchased property for $270,000 cash.
Purchased long-term investments for $99,000 cash.
What is the amount of cash used by investing activities?

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