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A company's long-term investments.Have a beginning balance of $100,000 and an ending balance of $60,000. The company's income statement reports a gain on sale of

A company's long-term investments.Have a beginning balance of $100,000 and an ending balance of $60,000. The company's income statement reports a gain on sale of long-term investments of $10,000.



How much cash was received from the sale of long-term investments if no additional investments were purchased in the period?

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