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A machine with a cost of $138,000 and accumulated depreciation of $89,000 is sold for $58,000 cash. The amount that should be reported in the

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A machine with a cost of $138,000 and accumulated depreciation of $89,000 is sold for $58,000 cash. The amount that should be reported in the 84 operating activities section reported under the direct method is: Skipped Multiple Choice $9,000. Zero. This is a financing activity. Zero. This is an investing activity $58,000. $49,000

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