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Manning Tint,Inc.uses the indirect method to prepare its statement of cash flows.Refer to the following portion of the comparative balance sheet: Additional information provided by the company includes the following:
1.Equipment was purchased for $66,000.
2.Equipment with a cost of $37,000 and accumulated depreciation of 7,200 was sold for $49,000.
What was the amount of net cash provided by (used for) investing activities?
Derived Class
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Instanceof Operator
An operator used in programming to test if an object is an instance of a specific class or interface, returning true or false.
Instance Variable
A variable defined in a class for which each instantiated object of the class has its own separate copy or instance.
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A modifier in object-oriented programming that restricts access to methods and variables to the class in which they are declared.
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