Question: Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc, reported the following information: In addition, Orlando sold furniture costing $27,900 with
Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc, reported the following information: In addition, Orlando sold furniture costing $27,900 with accumulated depreciation of $13,950 for $16,180. Oriando also reported a $1,600 gain on the sale of long-term investments. Required: Compute net cash flow from investing pctivities. Use a minus sign to indicate negative cash flows (outflows)
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