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Amachine which originally cost a company $44,000 was sold at a $2,000 loss. At the point that it was sold, the accumulated depreciation on the
Amachine which originally cost a company $44,000 was sold at a $2,000 loss. At the point that it was sold, the accumulated depreciation on the machine was $12,000. When preparing the cash flow statement, the effect of this transaction on cash flow will be that: O a cash flow from investing activities increases by $44,000 O b. cash flow from investing activities increases by $30,000 Oc cash flow from investing activities decreases by $14,000 O d. cash flow from investing activities decreases by $10,000
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