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7. Use the following information to determine this companys cash flows from investing activities: i. Sold a factory with a book value of $9,000 and

7. Use the following information to determine this companys cash flows from investing activities:

i. Sold a factory with a book value of $9,000 and an original cost of $8,000 at a loss of $1,000

ii. Paid $7,000 cash for new equipment

iii. Sold long-term stock investments for $2,000 cash, yielding a loss of $4,000

iv. Sold land costing $17,500 for $16,000 cash, yielding a loss of $1500

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