Question
Marigold Marine Supply Company reported a loss of $2100 for the sale of equipment for cash. The equipment had a cost of $31200 and
Marigold Marine Supply Company reported a loss of $2100 for the sale of equipment for cash. The equipment had a cost of $31200 and accumulated depreciation of $28700. How much will Marigold report in the cash flows from investing activities section of its statement of cash flows? O $400 O $29100 O $4600 O $2100
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Intermediate Accounting
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Volume 1, 6th Edition
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