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Marvin Industries owns a piece of equipment with a cost of $147,000 and accumulated depreciation of $119,000. The equipment is sold for $52,100 cash. The

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Marvin Industries owns a piece of equipment with a cost of $147,000 and accumulated depreciation of $119,000. The equipment is sold for $52,100 cash. The amount that should be reported as a cash inflow from investing activities is: Multiple Choice $0: this transaction is a financing activity $24,100. $52,100. $28,000

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