Multiple Choice - 1 13 The following information on...

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1. 13. The following information on selected cash transactions for 2013 has been provided by Mancuso Company: Proceeds from sale of land $190,000 Proceeds from long-term borrowings 400,000 Purchases of plant assets 144,000 Purchases of inventories 680,000 Proceeds from sale of Mancuso common stock 240,000 What is the cash provided (used) by investing activities for the year ended December 31, 2013, as a result of the above information? a $190,000 – $144,000 = $46,000.
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