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Question # 02 CR-7 Company sold equipment with a net book value of $110,000 for $130,000 in cash. This equipment was originally purchased for $200,000.

Question # 02 CR-7 Company sold equipment with a net book value of $110,000 for $130,000 in cash. This equipment was originally purchased for $200,000. What will be the net effect of this transaction on the net cash provided by investing activities on the statement of cash flows?

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