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Amazon purchased a patent 4 years ago for $ 6 2 , 0 0 0 . Their recognized amortization expense of $ 5 , 0

Amazon purchased a patent 4 years ago for $62,000. Their recognized amortization expense of $5,000 each year and sold the patent this year at a gain of $7,000. What was their net cash flow over the 4 year holding period of the patent?

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