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For the years ending December 31, 2011 and 2012) 2011 2012 Cash 500 500 Accounts receivable 2,800 2,400 9,300 Inventory 9,900 Current assets 12,600 12,800
For the years ending December 31, 2011 and 2012) 2011 2012 Cash 500 500 Accounts receivable 2,800 2,400 9,300 Inventory 9,900 Current assets 12,600 12,800 Net fixed assets 48,200 61,400 Land 12,900 11,600 Total assets 72,400 87,100 Notes payable 1,200 1,000 Accounts payable 1,700 1,900 Accruals 100 4,200 Current portion of LT Debt 3,200 Current liabilities 6,400 6,900 Long-term debt 12,600 28,300 Common stock 21,000 20,000 Additional paid in capital Retained earnings 17,400 18,400 14,000 14,500 Total liabilities and equity 72,400 87,100 In its 2011 income statement, Jefferson Inc. reported net income of $1,050 and depreciation expense of $260. On its 2012 income statement, the company reported net income of $2,300 and depreciation expense of $430. Based on this information (and given the company's balance sheets for 2011 and 2012 in the chart above), compute Net Cash Flows from Investing Activities for Jefferson in 2012
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