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Due to pandemi covid 19, Covid Company sold office building $500.000.000 for cash (Cost of building $600,000,000 and accumulated depreciation $150,000,000). Then Covid Company buy
Due to pandemi covid 19, Covid Company sold office building $500.000.000 for cash (Cost of building $600,000,000 and accumulated depreciation $150,000,000). Then Covid Company buy new office building which is smaller than old office building . Cash for purchase new office building was $300,000,000. Net cash provided (used) by investing activities is
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