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A company reported the following for the most recent year: Cash received from stock issuance: $25 million Cash received from sale of long-lived assets: $5
A company reported the following for the most recent year:
Cash received from stock issuance: $25 million
Cash received from sale of long-lived assets: $5 million
Cash paid for new equipment: $10 million
Cash received from a 2-year loan to a customer: $2 million
Based on the above, what is the net amount of cash flows from investing activities?
Group of answer choices
$17 million
-$5 million
-$3 million
$22 million
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