Business, 12.03.2021 17:40 kragland4752

A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice $50,000. $5,000. $45,000. Zero. This is an operating activity. Zero. This is a financing activity.

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A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash....

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