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A machine with a cost of $175,000 and accumulated depreciation of $94,000 is sold for $87,000 cash. The amount reported as a source of cash
A machine with a cost of $175,000 and accumulated depreciation of $94,000 is sold for $87,000 cash. The amount reported as a source of cash in the investing section is...
A. $81,000
B. $87,000
C. $6,000
D. $0, this is a financing activity.
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