In Concord Corporation, land decreased $205200 because of a cash sale for $205200, the equipment account increased $68400 as a result of a cash purchase, and bonds payable increased $228000 from issuance for cash at face value. The net cash provided by investing activities is?

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter15: Statement Of Cash Flows
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In Concord Corporation, land decreased $205200 because of a cash sale for $205200, the equipment account increased $68400 as a result of a cash purchase, and bonds payable increased $228000 from issuance for cash at face value. The net cash provided by investing activities is?

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