Question: eBook Calculator Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: 12/31/2018 Furniture 12/31/2019 $46,000 15,900 38,000
eBook Calculator Brief Exercise 11-30 (Algorithmic) Determining Net Cash Flow from Investing Activities Orlando Inc. reported the following information: 12/31/2018 Furniture 12/31/2019 $46,000 15,900 38,000 $32,000 Accumulated depreciation Investment (long-term) 2,500 50,000 In addition, Orlando sold furniture costing $14,900 with accumulated depreciation of $9,685 for $6,050. Orlando also reported a $1,100 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). Check My Work 3 more Check My Wors uses remaining Previous Next > Save and Exit Submit Assignment for Grading
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