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Question 4 (11 marks, suggested time 8 - 10 minutes) MMouse Corporation reported the following information (in thousands) at December 31, 2022 Long term investments
Question 4 (11 marks, suggested time 8 - 10 minutes) MMouse Corporation reported the following information (in thousands) at December 31, 2022 Long term investments were purchased during the year, non were sold. Equipment was purchased during the year. In addition, equipment with a cost of $100 and a carrying value of $50 was sold at a loss of $10. Using the indirect method and in good form, prepare the investing section of the Statement of Cash Flows for the year ended December 31, 2022. Show all calculations
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