On the statement of cash flows some of these events are


McCorey Corporation recorded the following events last year:

Repurchase by the company of its own common stock $41,000

Sale of long-term investment $60,000

Interest paid to lenders $15,500

Dividends paid to the company's shareholders $70,000

Collection by McCorey of a loan made to another company $46,000

Payment of taxes to governmental bodies $25,500

On the statement of cash flows, some of these events are classified as operating activities, some are classified as investing activities and some are classified as financing activities.

Based solely on the information above, the net cash provided by (used in) investing activities on the statement of cash flows would be:

$(20,500)

$106,000

$36,000

$(8,500)

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Financial Management: On the statement of cash flows some of these events are
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