Answer (B) is correct . Investing activities include making and collecting loans and acquiring and disposing of debt or equity instruments; property, plant, and equipment; and other productive assets. The calculation is Sale of land and building $ 280,000 Purchase of land (137,000) Purchase of equipment (153,000) Net cash used $?(10,000)
Answer (A) is incorrect because Failing to deduct the uses of cash results in $280,000.
Answer (C) is incorrect because Deducting the retirement of bonds results in $(210,000).
Answer (D) is incorrect because The amount of $(350,000) results from deducting the purchase of treasury stock, which would be a financing activity, not an investing activity.
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Heniser’s net cash provided (used) by investing activities is
