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question #83 In the period 2011, Lott Inc. performed services for $120,000 and billed its customers. The company subsequently collected $82,000 of the amount billed!

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question #83 In the period 2011, Lott Inc. performed services for $120,000 and billed its customers. The company subsequently collected $82,000 of the amount billed! Lott incurred $75,000 of operating expenses but paid cash for only $62,000 of that amount Lott acquired $30,000 cash from the issue of common stock. The company invested $18,000 cash in the purchase of land. What is the amount of cash flow from investing activities? Multiple Choice o $48.000 $30,000

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