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Computing Net Cash Row from Investing Activities Davis Inc. reported the following information for equipment: In addition, Davis sold equipment costing $12,500 with accumulated depreciation
Computing Net Cash Row from Investing Activities Davis Inc. reported the following information for equipment: In addition, Davis sold equipment costing $12,500 with accumulated depreciation of $6,750 for $2,390 cash, producing a $3,360 loss. Davis reported net income for 2011 of $122,350. Compute net cash flow from investing activities. Enter a negative cash flow as a negative number
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