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S 16-12 (Algo) Computing cash flows from investing LO P3 Sale of investments $ 6,500 Cash collections from customers 17,200 Cash purchase of used equipment
S 16-12 (Algo) Computing cash flows from investing LO P3 Sale of investments $ 6,500 Cash collections from customers 17,200 Cash purchase of used equipment 5,700 Depreciation expense 2,100 Compute cash flows from investing activities using the above company information. Note: Amounts to be deducted should be indicated by a minus sign
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