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A company sold a delivery truck for $4800 that had originally cost $52800, and had a book value of $5280. Which of the following is
A company sold a delivery truck for $4800 that had originally cost $52800, and had a book value of $5280. Which of the following is the correct reporting of the respective amounts? $4800 as an operating cash flow on the statement of cash flows, and $52800 as a loss on the income statement $5280 as an investing cash flow on the statement of cash flows, and $4800 as a gain on the income statement $480 as an investing cash flow on the statement of cash flows, and $4800 as a gain on the income statement $4800 as an investing cash flow on the statement of cash flows, and $480 as a loss on the income statement
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