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QUESTION 4 If a gain of $9,000 is incurred in selling (for cash) office equipment having a book value of $55,000, the total amount reported
QUESTION 4
If a gain of $9,000 is incurred in selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is
$46,000
$9,000
$55,000
$64,000
2 points
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