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A company complete the following transaction in a new year: a net income of $50,000, bought a plant for $6,000 and sold a machine for
A company complete the following transaction in a new year: a net income of $50,000, bought a plant for $6,000 and sold a machine for $2,000, paid $2,000 dividend, increase its account receivable by $1,000 and reduced its inventory by $200. It has $600 depreciation expense. What is the companys ending cashflow if the beginning cashflow was $10,000?
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