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What is the net cash inflow

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Question - White Knight Ltd sold equipment cost $800,000 with accumulated depreciation $500,000 and made a loss of $10,000. What is the net cash inflow (outflow) from investing activities?

a. $290,000 cash inflow

b. $300,000 cash inflow

c. ($10,000) cash outflow

d. ($300,000) cash outflow

e. None of these

Reference no: EM132571276

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