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A machine that was bought in January 20X1 for 44,000 and has been depreciated by 8,000 per year, is expected to be sold in December
A machine that was bought in January 20X1 for 44,000 and has been depreciated by 8,000 per year, is expected to be sold in December 20X3 for 17,600. Requirement What is the net cash inflow or (outflow) that will appear in the cash budget for December 20X3
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Accounting Principles
Authors: Jerry J Weygandt, Donald E Kieso, Paul D Kimmel
8th Edition
0471980196, 9780471980193
