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Tangiers Company reported a loss of $1,300 for the sale of equipment for cash. The equipment had a cost of $32,000 and accumulated depreciation of

Tangiers Company reported a loss of $1,300 for the sale of equipment for cash. The equipment had a cost of $32,000 and accumulated depreciation of $29,500. How much will Tangiers report in the cash flows from investing activities section of its statement of cash flows?

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A) $1,200

B) $3,800

C) $1,300

D) $30,700

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