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Question 7 1pts A machine with a cost of $130,000, accumulated depreciation of $85,000. and current year depreciation expense of $1 7.000 is sold for

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Question 7 1pts A machine with a cost of $130,000, accumulated depreciation of $85,000. and current year depreciation expense of $1 7.000 is sold for $40,000 cash. The amount that should be reported as a source of cash under cash ows from investing activities is: 0 $45,000. 0 $5,000. 0 $17,000. 0 $23,000. 0 $40,000

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