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The following information was extracted from the accounting records of Kaplan's Medical Clinic. Net income: $10,000 Depreciation expense: $1,500 Increase in accounts receivable: $3,000 Decrease
The following information was extracted from the accounting records of Kaplan's Medical Clinic.
- Net income: $10,000
- Depreciation expense: $1,500
- Increase in accounts receivable: $3,000
- Decrease in inventory: $1,500
- Increase in accounts payable: $2,500
- Increase in property, plant, and equipment: $15,000
- Decrease in short-term notes payable: $10,000
- Increase in long-term bonds payable: $15,000
What is the net cash flow from investing activities?
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