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question 38. Land costing $66,302 was sold for $95,439 cash. The loss on the sale was reported on the income statement as other expense. On

question 38.

Land costing $66,302 was sold for $95,439 cash. The loss on the sale was reported on the income statement as other expense. On the statement of cash flows, what amount should be reported as an investing activity from the sale of land?

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