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A machine with a cost of $137,000 and accumulated depreciation of $92,000 is sold for $53,500 cash. The amount that should be reported as a
A machine with a cost of $137,000 and accumulated depreciation of $92,000 is sold for $53,500 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice 0 $53,500. $63.500 $45,000. Zero. This is an operating activity. $8,500. Zero. This is a financing activity
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