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Determine the amount of cash flow from the salw of equipment during Year 2. Required information [The following information appotes to the questions displayed below]

Determine the amount of cash flow from the salw of equipment during Year 2. image text in transcribed
Required information [The following information appotes to the questions displayed below] The following information was drwwn from the year-end balance sheets of Mass Trading Company. Additional information regarding transactions occurring during Year 2 : 1. Investment securities that had cost $5.520 were sold. The Year 2 income statement contained a loss on the sale of investment securities of $420 2. Equipment with a cost of $46,500 was purchased. 3. The income statement showed a gain on the sale of equipment of $6.100. On the date of sale, accumulated depreciation on the equipment sold amounted to $6.600 4. A building that had originally cost 5175,500 was demolished. F. Land that had cost $25,600 was sold for $21,500 A. Determine the amount of cash flow from the sale of equipment during Year 2

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