Homework Answers
| Schedule of Cash Flow ( Investing Activities Section) | |
| Collection of principal on long term loan to a supplier | 25,000 |
| Purchase of equipment for cash | -12,000 |
| Proceeds from the sale of long-term investment at carrying amount | 28,000 |
| Net cash provided by investing activities | $41,000 |
Net cash provided by investing activities for the year ended December 31, 2015 = $41,000
First option is correct.
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