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Question 3 Lanely Company purchased land for $350,000 by issuing bonds for $300,000 and paying the remaining $50,000 in cash. Lanely also sold a building

Question 3

Lanely Company purchased land for $350,000 by issuing bonds for $300,000 and paying the remaining $50,000 in cash. Lanely also sold a building that cost $390,000 and had accumulated depreciation of $117,000 for $350,000. Net cash flows from investing activities totalled

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