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Bashful Company sold a building for $950,000 cash. An analysis of the general ledger accounts indicates the building cost $1,500,000 on which accumulated depreciation totaled
Bashful Company sold a building for $950,000 cash. An analysis of the general ledger accounts indicates the building cost $1,500,000 on which accumulated depreciation totaled $800,500. Using the indirect method, indicate how this transaction would be reported on the statement of cash flows.
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