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Lisa Co. sold a machine that cost $80,000 and had a book value of $44,000 for $46,800. Data from Lisa's comparative balance sheets are: 12/31/21
Lisa Co. sold a machine that cost $80,000 and had a book value of $44,000 for $46,800. Data from Lisa's comparative balance sheets are:
| 12/31/21 | 12/31/20 | |||
| Machinery | $784,000 | $657,500 | ||
| Accumulated depreciation | 184,000 | 137,300 |
Complete the cash flow statement below.
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