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Wainwright corporation had the following activities in 2010

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Wainwright Corporation had the following activities in 2010.

1. Sale of land $180,000 4. Purchase of equipment $415,000

2. Purchase of inventory $845,000 5. Issuance of common stock $320,000

3. Purchase of treasury stock $72,000 6. Purchase of available-for-sale securities $59,000 Compute the amount Wainwright should report as net cash provided (used) by investing activities in its statement of cash flows.

Reference no: EM131110652

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