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Crate Cash flow statement for comparative balance sheet and income statement The company sold equipment that had an original cost of $13 million and accumulated
Crate Cash flow statement for comparative balance sheet and income statement
The company sold equipment that had an original cost of $13 million and accumulated depreciation of $8 million. The cash proceeds from the sale were $8 million. The gain on the sale was $3 million. The company did not issue any new bonds during the year. The comp aid paid a cash dividend during the year. The company did not complete any common stock transactions during the yearStep by Step Solution
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