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Exercise 13-8 Ivanhoe Enterprises engaged in the following activities during the year: Purchased 100 shares of Monk Industries for $48,000 Sold 50 shares of Hinson

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Exercise 13-8 Ivanhoe Enterprises engaged in the following activities during the year: Purchased 100 shares of Monk Industries for $48,000 Sold 50 shares of Hinson Healthcare for $10,000 Purchased new equipment costing $90,000 for $12,000 cash and a $78,000 note payable Sold equipment with a book value of $52,000 for $49,000 Prepare the cash flows provided by investing activities section of Ivanhoe Enterprises statement of cash flows. (Show amounts that decrease cash flow with either a-sign, e.g. -15,000 or in parentheses, e.g. (15,000).) Cash flows from investing activities Net cash by investing activities Click if you would like to Show Work for this question: Open Show Work

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