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Cash flows from financing activities include: Interest received. Interest paid. Dividends received. Cash dividends paid. A machine has a cost of $15,000, an estimated residual

Cash flows from financing activities include:

Interest received.

Interest paid.

Dividends received.

Cash dividends paid.

A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?

$9,000.

$6,000.

$7,500.

$3,000.

Show some work.

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