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Prepare the Investing section of the cash flow statement for Tyner. Selected balances for Tyner Company are as follows: Equipment Accumulated Dep 2022 2021 000,00
Prepare the Investing section of the cash flow statement for Tyner.
Selected balances for Tyner Company are as follows: Equipment Accumulated Dep 2022 2021 000,00 100,000 40,000 000.0 (30,000) (10,000) A. Tyner sold equipment that originally cost $50,000 at a gain of $4000 B. Depreciation expense for the year was $60,000. C. Tyner had an equipment purchase for cash during the year.
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