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Crushers Inc, reported net income of $55,000 and loss on sale of plant assets of $10,000. The cash received from the sale of plant assets
Crushers Inc, reported net income of $55,000 and loss on sale of plant assets of $10,000. The cash received from the sale of plant assets was $45,000. Cinders also issued additional shares of stock for $25,000 and paid dividends of $4,500. Calculate the increase or decrease in cash from investing activities. $60,000 $40,500 $45,000 ($15,000)
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