You are absolutely correct!
$41,000.
| Solution: | ||||||
| CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Receipts from the Sale and Maturity of Investments |
$ |
75,000 |
||||
Investment Interest received |
$ |
9,000 |
||||
Payments to acquire Investments |
$ |
(125,000) | ||||
| Net Cash used in Investing Activities | (41,000) | |||||