CASH FLOW QUESTION

a) A machine having an original cost of $57,500 was sold for cash during the year. Accumulated depreciation of the machine sold was $48,500 at the point of sale.

How do I record this under investment activities?

Assets $ $ Cash at bank 64,580 38,400 Accounts Receivable +47,800 82,800 35,000 Inventory +9,650 112,500 102,850 Prepaid Advertising +400 14,400 14,000 Machinery 310,000 282,500 Less: Accumulated Depreciation (50,000) (52,000)