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During the current period, NOT Company sold some old equipment for $2,000, collected an accounts receivable balance of $2,500 from customers, purchased new equipment for
During the current period, NOT Company sold some old equipment for $2,000, collected an accounts receivable balance of $2,500 from customers, purchased new equipment for $20,000 and borrowed $3,000 from a bank. What were the companys net cash flows for investing activities? Use a positive number to indicate an overall cash inflow or a negative number to indicate an overall cash outflow.
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