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GHI Inc. reports net income of $2,725,000 for its most recent fiscal year. Included in this figure are depreciation expense of $350,000 and a loss
GHI Inc. reports net income of $2,725,000 for its most recent fiscal year. Included in this figure are depreciation expense of $350,000 and a loss of $225,000 on the disposal of equipment. The proceeds from this disposal were $200,000. The company also purchased $400,000 on new equipment in the year. What is the company's cash flow from investing activities, assuming no other adjustments to net income? -$200,000 -$175,000 O $200,000 $425,000
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