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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.
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 as a source of cash received from investing activities is: Select one: O a. $5,000. O b. $25,000. O c. $0. This is a financing activity. O d. $50,000. O e. $0. This is an operating activity.
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