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Accounting 2. During 2020, ABC company sold equipment for $120,000 cash, purchased inventory for $260,000 cash, and sold non trading securities costing $60,000 at $25,000

Accounting

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2. During 2020, ABC company sold equipment for $120,000 cash, purchased inventory for $260,000 cash, and sold non trading securities costing $60,000 at $25,000 gain in cash. In addition, and during 2020, the company acquired equipment with the value of $80,000 in exchange for ordinary shares. Calculate the net cash provided or used from investino activities in vear 2020

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