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A machine with a cost of $ 1 3 0 , 0 0 0 and accumulated depreciation of $ 7 5 , 0 0 0

A machine with a cost of $130,000 and accumulated depreciation of $75,000 is sold for $50,000 cash on January 1 of the current year. The amount that should be reported in the operating activities section prepared using the direct method is:
Question 14Select one:
a.
$50,000.
b.
$0.
c.
$55,000.
d.
$25,000.
e.
$5,000.

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