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Need computation thanks A business made a profit of $ 11,000 in its fiscal year. We have the following information: 1. Dividends paid 25 000$
Need computation thanks
A business made a profit of $ 11,000 in its fiscal year. We have the following information: 1. Dividends paid 25 000$ 2. Depreciation of fixed assets 6500$ 3. Loss incurred during the sale of equipment 500$ 4. Increase in accounts payable 8000$ 5. Purchase of land 110 000$ 6. Increase in accounts receivable 4500$ 7. Decrease in stock 12 500$ 8. Net cash on sale of equipment 5000$ 9. Decrease in interest payable 18 000$ 10. Purchase of a 20-year patent 17 000$ 11. Repayment of long-term debt 35 000$ 12. Share issue 70 000$ Question: What is the amount of cash flow from investing activities Step by Step Solution
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