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Valencia Company paid $1.1 million to purchase stock in another company, $0.5 million to repurchase treasury shares, $0.25 million to buy short-term investments, sold used
Valencia Company paid $1.1 million to purchase stock in another company, $0.5 million to repurchase treasury shares, $0.25 million to buy short-term investments, sold used equipment for $0.4 million when its book value was $0.3 million, and purchased new equipment for $1.7 million. What was the net cash flow from investing activities?
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