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Consider the following events: Cash of $112,000 was used to purchase a truck. Cash of $80,000 was used to retire bonds. Cash of $50,000 was
Consider the following events:
- Cash of $112,000 was used to purchase a truck.
- Cash of $80,000 was used to retire bonds.
- Cash of $50,000 was received from the sale of an investment at a loss.
- Cash dividends of $28,000 were paid to stockholders.
- Plant assets were depreciated $12,000 under the straight line method.
Compute the net cash flow from INVESTING activities (parentheses indicate an outflow):
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