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Assume the following excerpts from a company's balance sheet: During the year, the company sold a piece of equipment for $337,500. The equipment originally cost

image text in transcribed Assume the following excerpts from a company's balance sheet: During the year, the company sold a piece of equipment for $337,500. The equipment originally cost $555,000 and had accumulated depreciation of $325,000. The company did not sell any long-term investments during the period. Required: Calculate the company's net cash provided by (used in) investing activities. Note: Negative amounts should be indicated by a minus sign

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