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DETERMINING NET CASH FLOW FROM INVESTING ACTIVITIES The ABC Corporation reported the following information: January 1 December 31 Equipment $68,000 $114,500 Accumulated depreciation 19,500 21,800

DETERMINING NET CASH FLOW FROM INVESTING ACTIVITIES

The ABC Corporation reported the following information:

January 1 December 31
Equipment $68,000 $114,500
Accumulated depreciation 19,500 21,800
Investments (long-term) 76,000 47,000

In addition, ABC Corporation sold equipment costing $12,500 with accumulated depreciation of $9,000 for $6,500. ABC also reported a $5,000 loss on the sale of long-term investments.

Compute net cash flow from investing activities.

Required: Compute net cash flow from investing activities.

Cash Flow from Investing Activities:
Purchased equipment $
Proceeds from sale of equipment
Proceeds from sale of investment
Net Cash Flow from Investing Activities $

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