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BUS 242-30013 Principles of Acct. Il Web Course Summer 2022 Homework: Chapter 16 Graded Homework The Plant Assets account and Accumulated Depreciation-Plant Assets account

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BUS 242-30013 Principles of Acct. Il Web Course Summer 2022 Homework: Chapter 16 Graded Homework The Plant Assets account and Accumulated Depreciation-Plant Assets account of Grand Canyon Resort show the following Click the icon to view the data) Question 7, QCF16-6 (similar to) Grand Canyon Reson sold plant assets at a $15,000 loss. Where on the statement of cash flows should Grand Canyon Resort report the sale of plant assets? How much should the business report for the sale? OA Financing cash flows-cash receipt of $45.000 O Investing cash flows-cash receipt of $30,000 OC Investing cash flows-cash receipt of $60,000 OD. Investing cash flows-cash receipt of $45.000

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