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Old alabama company purchased investments for 45000 and

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Old Alabama Company purchased investments for $45,000 and plant assets for $127,000 during the current year, during which it also sold plant assets for $66,000, at a gain of $6,000. The company also purchased treasury stock for $78,000 and sold a new issue of common stock for $523,000.Determine the amount of cash provided by or used for investing activities for the year.

Reference no: EM13608899

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