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Hamilton ,Inc., sold a fixed asset at an $18,000 gain. How much should Hamilton, Inc., report for the sale A. Cash flows from investing activities,

Hamilton ,Inc., sold a fixed asset at an $18,000 gain. How much should Hamilton, Inc., report for the sale

A.

Cash flows from investing activities, 18,000

B.

Cash flows from investing activities, $68,000

C.

Cash flows from investing activities,$32,000

D.

Cash flows from investing activities, $50,000

Final Check

Data Table

Fixed assets, net

Beginning balance

91,000

Depreciation expense

30,000

Purchase

365,000

Sale

?

Ending balance

376,000

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