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During 2020, equipment that originally cost $26,000 was sold for $16,000 cash. The equipment had $6,000 of accumulated depreciation tied to it when it

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During 2020, equipment that originally cost $26,000 was sold for $16,000 cash. The equipment had $6,000 of accumulated depreciation tied to it when it was sold. The Property, Plant, and Equipment account had a balance of $92,000 on January 1, 2020 and $83,000 on December 31, 2020. How would the purchase of Property, Plant, and Equipment be shown on the Statement of Cash Flows? OA. There were no purchases of Property, Plant, and Equipment in 2020. B. Investing Activities; Purchase of Property, Plant, and Equipment ($35,000) C. Investing Activities; Purchase of Property, Plant, and Equipment ($17,000) OD. Operating Activities; Purchase of Property, Plant, and Equipment ($16,000)

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