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Pink Inc. sold a building for $3,250,000, purchased short-term investments for $320,000, issued $1,000,000 of preferred stocks, purchased an equipment for $500,000, and paid cash
Pink Inc. sold a building for $3,250,000, purchased short-term investments for $320,000, issued $1,000,000 of preferred stocks, purchased an equipment for $500,000, and paid cash dividends of $30,000. What was the net cash flow from investing activities? A. $2,930,000 inflow. B. $3,430,000 inflow. C. $3,400,000 inflow. D. $2,430,000 inflow
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