Question: Please answer the question above and show your work. Computing Net Cash Flow from Investing Activities Davis Inc. reported the following information for equipment:In addition,

Please answer the question above and show your work. Computing Net CashPlease answer the question above and show your work.

Computing Net Cash Flow from Investing Activities Davis Inc. reported the following information for equipment:In addition, Davis sold equipment costing $12,500 with accumulated depreciation of $8,350 for $2,120 cash, producing a $2,030 loss. Davis reported net income for 2011 of S122,350. Compute net cash flow from investing activities. Enter a negative cash flow as a negative number. $ -62310

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