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Compute the amount Martinez should report as net cash

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Reference no: EM132909287

Question - Martinez Corporation had the following activities in 2020.

1. Sale of land $173,000

2. Purchase of inventory $925,000

3. Purchase of treasury stock $68,000

4. Purchase of equipment $448,000

5. Issuance of common stock $302,000

6. Purchase of available-for-sale debt securities $62,000

Required - Compute the amount Martinez should report as net cash provided (used) by investing activities in its 2020 statement of cash flows.

Reference no: EM132909287

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