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The following is select information for Real Co. during 20x6: 20x6 20x5 Land 21,402 8,484 Common shares 47,622 11,603 Long-term notes payable 5,049 17,977 In
The following is select information for Real Co. during 20x6: 20x6 20x5 Land 21,402 8,484 Common shares 47,622 11,603 Long-term notes payable 5,049 17,977 In addition, land with a fair market value of ($21,402-8,484) was acquired for $4,106 cash and 900 common shares. What amount would appear in the "cash flow from investing activities" section of the statement of cash flows? Positive numbers represent a cash inflow; negative numbers represent a cash outflow. Answer: (-4,106) How to calculate this
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