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Russell Corporation had the following activities: Recorded depreciation of $5,000 Purchased $10,000 of equipment with cash Paid $4,000 in interest payments Received $8,000 cash for

Russell Corporation had the following activities:

  • Recorded depreciation of $5,000
  • Purchased $10,000 of equipment with cash
  • Paid $4,000 in interest payments
  • Received $8,000 cash for the sale of an asset

What is the amount of net cash flows from (used for) investing activities?

  1. $2,000
  2. $(2,000)
  3. $(11,000)
  4. $15,000

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