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2. (4 points) A company reports net income of $275,000. The comparative balance sheet shows: During the year, the company sold equipment for $3,000. The
2. (4 points) A company reports net income of $275,000. The comparative balance sheet shows: During the year, the company sold equipment for $3,000. The equipment had a $12,000 original cost and $10,000 accumulated depreciation at the time of sale. What is the amount of net cash from operating activities on the statement of cash flows? Write your final answer here
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