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Here is selected financial statement data regarding a company's intangible assets. Balance Sheet: Intangible assets, net Dec. 31, 2018 $ 703,000 Dec. 31, 2017 $
Here is selected financial statement data regarding a company's intangible assets. Balance Sheet: Intangible assets, net Dec. 31, 2018 $ 703,000 Dec. 31, 2017 $ 796,000 Income Statement: Amortization expense Loss on sale of intangible assets 2018 $ 115,000 5,000 During the year, the company purchased $175,000 of intangible assets. In the statement of cash flows, the investing activities section should show a cash receipt for sale of intangible assets" for $ Here is selected financial statement data regarding a company's intangible assets. Balance Sheet: Intangible assets, net Dec. 31, 2018 $ 63,000 Dec 31, 2017 $ 55,000 2018 Income Statement: Amortization expense Gain on sale of intangible assets $ 3,000 10,000 During the year, the company sold intangible assets and received $40,000 in cash proceeds for the sale. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of intangible assets" for $ Input number as is, without negative signs, brackets or parenthesis. Here is selected financial statement data regarding a company's property, plant, and equipment. Dec. 31, 2018 Balance Sheet: Property, plant, and equipment Accumulated depreciation $ 144,000 48.000 Dec 31, 2017 $ 60,000 13,000 Income Statement: Depreciation expense Gain on sale of property, plant, and equipment 2018 $ 42,000 3,000 Acquisitions of PPE were $110,000 during the year. In the statement of cash flows, the investing activities section should show a cash receipt from "sales of property, plant, and equipment" for $
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