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Question 32 of 33 - 71 III View Policies Current Attempt in Progress During 2017, Tamarisk, Inc. sold equipment with a book value of $139200
Question 32 of 33 - 71 III View Policies Current Attempt in Progress During 2017, Tamarisk, Inc. sold equipment with a book value of $139200 for proceeds of $168200. The company purchased new equipment for $371200 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2017. The investing section of the statement of cash flows will report net cash outflows of $203000. net cash inflows of $29000. net cash inflows of $168200. O net cash outflows of $342200
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