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A machine with a cost of $142,000, accumulated depreciation of $91,000, and current year depreciation expense of $20,000 is sold for $44,800 cash. The amount
A machine with a cost of $142,000, accumulated depreciation of $91,000, and current year depreciation expense of $20,000 is sold for $44,800 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice $44,800. $26,200. $6,200. $46,200. $20,000.
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