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. A company sold a piece of manufacturing equipment for $30,000 cash. The equipment had been listed on the balance sheet at a net book

. A company sold a piece of manufacturing equipment for $30,000 cash. The equipment had been listed on the balance sheet at a net book value of $25,000, so the company recorded a gain on sale of equipment of $5,000. Which of the following items would be increased by this equipment sale transaction? (check all that apply) 1)Cash from Investing 2)Net Income 3)Equipment 4)Total Assets 5)Cash from Operations

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