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A piece of equipment with a cost of $139,000 and accumulated depreciation of $103,000 is sold for $51,300 cash. The amount that should be reported
A piece of equipment with a cost of $139,000 and accumulated depreciation of $103,000 is sold for $51,300 cash. The amount that should be reported as a cash inflow from investing activities is: a) $36,000 b) $15,300 c) $0. This is a financing activity. d) $51,300
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