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2.Taxes (NIBT), Cash flows from operating activities (CFO), and Cash flows from investing activities (CFI). Write 0 for no effect and use negative numbers to
2.Taxes (NIBT), Cash flows from operating activities (CFO), and Cash flows from investing activities (CFI). Write 0 for no effect and use negative numbers to indicate reductions in accounts or cash outflows.
Transaction
PP&E, Gross
Assets (Total)
NI (pretax)
CFO
CFI
Purchased land worth $950
Recognized $80 of depreciation expense
Paid $70 for maintenance of equipment
Paid $125 to improve property
Revised assumption about equipment's salvage value
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