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ADDITIONAL INFORMATION: Sold a fixed asset with an original cost of $9,000 and accumulated depreciation of $7,000 and purchase a new fixed asset for cash.

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ADDITIONAL INFORMATION: Sold a fixed asset with an original cost of $9,000 and accumulated depreciation of $7,000 and purchase a new fixed asset for cash. 1. Cash Flow from Investing is A ($16,000) B. ($15,000) C. $ 1,000 D. ($17,000)

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