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Net income for the year was $120,000. There were no changes in non-cash current assets or current liabilities. A piece of equipment was sold for

Net income for the year was $120,000. There were no changes in non-cash current assets or current liabilities. A piece of equipment was sold for $8,000. There were no other transactions involving long term assets. The Company recorded a $5,200 gain on disposal of equipment when the equipment was sold. What was Cash Flow from Operating Activities?

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