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In preparing a company's statement of cash flows for the most recent year, the following information is available: loss on sale of equipment 34,450, purchase
In preparing a company's statement of cash flows for the most recent year, the following information is available: loss on sale of equipment 34,450, purchase of machinery 92,005, proceeds from sale of equipment 87,803, repayment of outstanding bonds 90,557, purchase treasury stock 12,126, issue common stock 97,772, purchase land 64,653, increase in accounts receivable during the year 24,827, decrease in accounts payable for the year 70,389, payment of cash dividend 30,738. What is the net cash flows from investing activities for the year?
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