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The following information is available for QDC Devices Inc. Use this information to answer the question below: Category 2021 ($) 2022 ($) Accounts payable750800Accounts receivable700950Cash100300COGS600650Common

The following information is available for QDC Devices Inc. Use this information to answer the question below:

Category2021 ($)2022 ($)Accounts payable750800Accounts receivable700950Cash100300COGS600650Common stock2,5003,900Depreciation expense1040Interest expense7090Inventories1,3001,100Long-term debt2,0001,700Net fixed assets5,9507,150Notes payable200400General & Adm. expenses80110Retained earnings2,6002,700Revenue/Sales1,0001,200Taxes95120

Calculate the net cash flow from investing activities in 2022.

Group of answer choices

$1,200

$1,200

$1,240

None of these options are correct

$1,240

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