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Cash flows from investing activities during the year

Question: Cash Flows from Investing Activities During the year, Blaylock Company sold equipment with a book value of $140,000 for $190,000 (original purchase cost of $240,000). New equipment was purchased. Blaylock Company provided the following comparative balance sheets:

Required: Calculate the investing cash flows for the current year.

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Accounting Basics: Cash flows from investing activities during the year

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Accounting Basics: Cash flows from investing activities during the year

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