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Question 28 4 pts Goodwin Corporation had a beginning balance in net plant assets of $420,000. During the year, Goodwin purchased $120,000 of new plant
Question 28 4 pts Goodwin Corporation had a beginning balance in net plant assets of $420,000. During the year, Goodwin purchased $120,000 of new plant assets. Depreciation expense for the year was $60,000, and there was a net loss on the sale of plant assets of $8,000. The ending balance in net plant assets was $370,000. What amount of cash was received for the sale of plant assets
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