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Marvin Industries owns a piece of equipment with a cost of $145,000 and accumulated depreciation of $115,000. The equipment is sold for $51,900 cash. The
Marvin Industries owns a piece of equipment with a cost of $145,000 and accumulated depreciation of $115,000. The equipment is sold for $51,900 cash. The amount that should be reported as a cash inflow from investing activities is: Multiple Choice $0; this transaction is a financing activity, $30,000. $21,900. $51,900
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