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From the comparative Statement of Financial Position you have the following information: Current Year Previous Year * Accumulated Depreciation - Equipment (50,000) (30,000) * No

From the comparative Statement of Financial Position you have the following information:

Current Year

Previous Year

* Accumulated Depreciation - Equipment

(50,000)

(30,000)

* No equipment was sold or purchased.

Explain how is this information used in a Statement of Cash Flows.

Your answer should cover the following points:

1. In which section of the Statement of Cash Flows will this information appear?

2. What value will appear?

3. Why?

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