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Assume a company reported net income of $53, 000, loss on the sale of equipment of S10, 000, and gain on sale of investments of
Assume a company reported net income of $53, 000, loss on the sale of equipment of S10, 000, and gain on sale of investments of $21, 000. If there were no other adjustments to reconcile net income to cash from operating activities, the cash inflow from operating activities must have been $42.000. $63, 000. $84.000. $32, 000
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