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A machine with a cost of $144,000 and accumulated depreciation of $92,000 is sold for $64,000 cash. The amount that should be reported in the

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A machine with a cost of $144,000 and accumulated depreciation of $92,000 is sold for $64,000 cash. The amount that should be reported in the operating activities section reported under the direct method is: Multiple Choice Zero. This is a financing activity. $64,000. $12,000. $52,000. Zero. This is an investing activity

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