Question: Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Oriando Inc. reported the following information: In addition, Oriando sold furniture costing $14,200 with
Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Oriando Inc. reported the following information: In addition, Oriando sold furniture costing $14,200 with accumulated depreciation of $10,650 for $4,120. Orlando also reported a $1,000 gain on the sale of long-term investments. Required: Compute net cash flow from investing activities. Use a minus sign to indicate negative cash flows (outflows). X
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