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A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported as an
A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported as an inflow of cash under cash flows from investing activities is: Select one: a. Zero. This is a financing activity. b. $5,000. c. $50,000. d. $45,000.
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