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Required information The following information applies to the questionis displayed below] The following information was drawn from the year end balance sheets of Mass Trading

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Required information The following information applies to the questionis displayed below] The following information was drawn from the year end balance sheets of Mass Trading Company: Additional information regarding transactions occuering during Year 2 1. Imvestment securities that had cost $6,130 were sold The Year 2 income statement contained a loss on the sale of investment 5 ecurities of $430 2. Equipment with a cost of $52000 was purchased 3. The income statement showed a gain on the sale of equipment of $7500. On the date of sale, accumulated depreciation on the equipment sold amounted to $6.800 4. A building that had onginally cost $164,000 was demolished 5. Land that had cost $25,100 wos sold for $21,200. 1. Determine the amount of cast fow for the parchase of land during Yuar 2

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