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The Jones and Brown medical practice bought new equipment for a total price of $50,000....

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Accounting

The Jones and Brown medical practice bought new equipment for a total price of $50,000. The old equipment that was being replaced was traded in on the new equipment. The seller allowed $10,000 for the equipment that was traded in. What is the resulting Jones and Brown cumulative cash flow?

A) $60,000

B) $50,000

C) $40,000

D) $10,000

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