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During the year, Nomia Company sold some of the factory equipment for $ 1 1 , 7 5 0 . The equipment had an original

During the year, Nomia Company sold some of the factory equipment for $11,750. The equipment had an original cost of $23.200 and accumulated depreciation of $9,620. Which of the following is true regarding Nomia's statement of cash flows?
Multiple Choice
A. $9,920 is reported in the investing activities section as a cash inflow.
B. $13,580 is reported in the investing activities section as a cash inflow.
C. $11,750 is reported in the investing activities section as a cash inflow, and $1,830 is added to net cash flow in the operating activities section.
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