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During the year, Murray Company sold equipment with a book value of $ 125, 000, for $ 175, 00 0 ( original purchase cost of

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During the year, Murray Company sold equipment with a book value of $ 125, 000, for $ 175, 00 0 ( original purchase cost of $1 225, 000). Newequipment was purchased. Murry provided the following comparative balance sheets A Calculate the investing cash flows Murray Company 2021 / 2022 Long-term assets Plant sequipment $1 1,000, 000 81 1, 025, 000 Accumulated Depreciation (500, 000) (5 25, 000) Land 300, 100 -700, 600

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