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Big Box sold Furniture costing $10,000 with accumulated depreciation of $5,000 for $2,500 and reported a gain on the sale of $2,000 of a long-term
Big Box sold Furniture costing $10,000 with accumulated depreciation of $5,000 for $2,500 and reported a gain on the sale of $2,000 of a long-term investment. 12/21/2022 12/31/2021 Furniture $46,000 $32,000 Equipment 15,900 12,500 Long Term Investment 38,000 50.000 Using the above information calculate the net cash flow from investing activities Include the T-Accounts to show your work.
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