The following are extracts from the balance sheets of a company: There were no purchases of

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The following are extracts from the balance sheets of a company:image text in transcribed

• There were no purchases of land and property during the year.
• During the year, plant and equipment costing £60,000 and with a book value of £27,000 were sold for a loss of £5,000.
• Vans, which had cost £8,000, with a book value of £4,000, were sold for neither a profit nor a loss.
From the above data, calculate the amount to include in the statement of cash flows under the heading ‘cash flow from investing activities’.

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