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Assume a company had the following transactions: Purchased $14,000 of equipment with cash Purchased $18,000 of equipment in exchange for a note payable Sold machinery
Assume a company had the following transactions: Purchased $14,000 of equipment with cash Purchased $18,000 of equipment in exchange for a note payable Sold machinery for $5,000 cash Issued common stock for $20,000 cash What is the net cash flow from their investing activities?
a $5,000
b ($27,000)
c ($32,000)
d ($9,000)
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