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Question 26 Osprey Company provides data processing services to banks. The net book value coles accumulated depreciation) of the company's data processing equipment was $146910

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Question 26 Osprey Company provides data processing services to banks. The net book value coles accumulated depreciation) of the company's data processing equipment was $146910 st the beginning of the year and $131,600 at the end of the year. During the year, Osprey recognized $10.080 of depreciation expense on the equipment, acquired $43,160 of new equipment, and recognized a $1,120 loss on the sale of old equipment. How much cash did Osprey receive from the sale of the old equipment? O $47.270 O $48,390 $49,510 $57,350 None of the above

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