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The following information about transactions for the year was presented by Condor Company who uses...

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Accounting

The following information about transactions for the year was presented by Condor Company who uses the indirect method to prepare its statement of cash flows: Plant assets, netbeginning balance: $190,000 Plant assets, netending balance: $220,000 Equipment costing $52,000 was purchased for cash Equipment with a net asset value of $100,000 was sold for $90,000 Depreciation expense of $12,000 was recorded during the year What was the net amount of Cash from investing activities

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