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All Accounts Receivable and Accounts Payable relate to Trade Merchandise. Accounts Payable are recorded net and always paid to take all of the discounts allowed. The allowance for doubtful accounts at the end of 2021 was the same as at the end of 2020. No receivables were charged against the allowance during 2021
The proceeds from the Note Payable were used to finance a new store building. The share capital was sold to provide additional working capital.
What is the net cash used in investing activities?
