Question: Here is selected financial statement data regarding a company's long-term investments. Balance Sheet:Dec. 31, 2018Dec. 31, 2017Investments, long-term$ 263,000$ 243,000Income Statement:2018Loss on sale of long-term

Here is selected financial statement data regarding a company's long-term investments.

Balance Sheet:Dec. 31, 2018Dec. 31, 2017Investments, long-term$ 263,000$ 243,000Income Statement:2018Loss on sale of long-term investments4,000

During the year, the company purchased $55,000 of long-term investments.

In the statement of cash flows, the investing activities section should show a cash receipt for "sale of long-term investments" for $

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