Glassmakers, Inc. purchased $125,500 of new equipment this year and also increased the inventory by $36,800. Twenty-seven thousand dollars worth of old equipment was sold. What is the investment cash flow for the year?
A) -$49,300
B) -$98,000
C) -$98,500
D) -$125,500
E) -$133,300
Correct Answer:
Verified
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