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Assume a company did not purchase any equipment during the year, but it did sell a piece of equipment that had an original cost of

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Assume a company did not purchase any equipment during the year, but it did sell a piece of equipment that had an original cost of $500,000 and accumulated depreciation of $300,000. The gain on the sale was $27,000. Based solely on the information provided, the company's net cash provided by (used in) investing activities would be: Multiple Choice $254,000. $227,000. $273,000. $200,000

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