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Last year Attic charged $1,261,867 Depreciation on the Income Statement of Andrews. If Attic sold a fully depreciated piece of equipment at a loss, the

Last year Attic charged $1,261,867 Depreciation on the Income Statement of Andrews. If Attic sold a fully depreciated piece of equipment at a loss, the effect on Andrews's financial statements would be (all other items remaining equal):

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No impact on Net Cash from operations

Decrease Net Cash from operations on the Cash Flow Statement

Just impact the Balance Sheet

Increase Net Cash from operations

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