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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 $68,000.
2.Equipment with a cost of $36,000 and accumulated depreciation of $7,400 was sold for $50,000.
What was the amount of net cash provided by (used for) investing activities?
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A process involving the creation and enforcement of guidelines, laws, or rules to govern behavior and ensure order and fairness in various contexts.
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A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.
ADHD
A neurodevelopmental disorder known as Attention-Deficit/Hyperactivity Disorder is marked by symptoms of inattention, impulsiveness, and excessive activity.
Aggressive Impulses
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