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Sunshine Airlines accountants have assembled the following data for the year ended September 30, 2022: Cash receipt from sale of land Depreciation expense Cash payment

Sunshine Airlines accountants have assembled the following data for the year ended September 30, 2022: Cash receipt from sale of land Depreciation expense Cash payment of dividends Cash receipt from issuance of common stock Net Income Cash purchase of equipment Decrease in current liabilities Increase in current assets other than cash $38,000 29,000 9,100 33,000 68,000 45,000 22,000 18,000 What amount should Sunshine report on its statement of cash flows as net cash flows provided by investing activities?
a. $45,000
b. $15,000
c. ($7,000)
d. ($38,000)
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What amount should Sunshine report on its statement of cash flows as net cash flows provided by investing activities? 2. $45,000 b. $15,000 c. ($7,000) d. ($38,000)

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