Ivanhoe Corporation had the following activities in 2020. 1. Sale of land $195,000 4. Purchase of equipment $446,000 2. Purchase of inventory $760,000 5. Issuance of common stock $302,000 3. Purchase of treasury stock $73,000 6. Purchase of available-for-sale debt securities $54,000 Compute the amount Ivanhoe should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,000).)

Ivanhoe Corporation

Cash flows from investing activities:

Cash proceeds from sale of land                  $195,000

Purchase of equipment                               ($446,000)

Purchase of AFS securities                           ($54,000)  

Total cash flow from investing activities    ($305,000)

Explanation:

1. Sale of land $195,000 ⇒ INVESTING ACTIVITY

2. Purchase of inventory $760,000 ⇒ OPERATING ACTIVITY

3. Purchase of treasury stock $73,000 ⇒ FINANCING ACTIVITY

4. Purchase of equipment $446,000 ⇒ INVESTING ACTIVITY

5. Issuance of common stock $302,000 ⇒ FINANCING ACTIVITY

6. Purchase of available-for-sale debt securities $54,000 ⇒ INVESTING ACTIVITY

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.

answer; charters;