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A piece of equipment with a cost of $135,000 and accumulated depreciation of $95,000 is sold for $50,900 cash. The amount that should be reported

A piece of equipment with a cost of $135,000 and accumulated depreciation of $95,000 is sold for $50,900 cash. The amount that should be reported as a cash inflow from investing activities is:

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8. Value: points 6.00 A plece of equlpment with a cost of $135,000 and accumulated depreclatlon of $95,000 ls sold for $50,900 cash. The amount that should be reported as a cash Inflow from InvestIng activitles ls: O $40,000 $50,900 O $0. This is a financing activity O $10,900 References

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