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Equipment with a carrying amount of $8,000 is sold for $1,000 cash. The statement of cash flows will report a: $7,000 cash outflow in the
Equipment with a carrying amount of $8,000 is sold for $1,000 cash. The statement of cash flows will report a: $7,000 cash outflow in the operating activities section $1,000 cash inflow in the operating activities section $7,000 cash outflow in the financing activities section $1,000 cash inflow in the investing activities
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