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E4 At January 1, 2017, Beney Enterprises reported a balance in the Equipment account of $45,000. Durig the year the compeny purchased equipment with a

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At January 1, 2017, Beney Enterprises reported a balance in the Equipment account of $45,000. Durig the year the compeny purchased equipment with a cost of $60,000 and sold equipment ich book value of $30,000. The company reported loss on the sale of equipment of $4,000. Assume the ndrect method is used. Determine what amount wilt be reported in the operating activities section Review Score Operating Activities Determine what amount wilbe reported noe investing activers section with regard to the purchase and talof earenent. Purchase of Equipment Sale of Equipment s By accessing this Question Assistance, you wil learn whle you earn poines based on the Point Potencial Poliey set by your instructor. Question Attempts: 0 af 2 used SAVE FOR LATRSUSHIT

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