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Azure Company sold a machine that had a book value $44,000 for $74,000. It also purchased a new equipment for $66,000, land for $100,000, and

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Azure Company sold a machine that had a book value $44,000 for $74,000. It also purchased a new equipment for $66,000, land for $100,000, and raw materials to be used in production for $41,000. Calculate the investing cash flows of Azure Company. a. $(133,000) b. $(85,000) c. $(122,000) d. $(92,000)

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