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Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] A comparative balance sheet and

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Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] A comparative balance sheet and income statement is shown for Cruz, Inc. QS 12-12 Computing cash from asset sales LO P3 Furniture costing \\( \\$ 67,900 \\) is sold at its book value in 2017 . Acquisitions of furniture total \\( \\$ 55,000 \\) cash, on which no depreciation is necessary because it is acchired at year-end. What is the cash inflow related to the sale of furniture? Fumiture costing \\( \\$ 67,900 \\) is sold at its book value in 2017 . Acquisitions of furniture total \\( \\$ 55,000 \\) cash, on which no depreciation is necessary because it is acquired at year-end. What is the cash inflow related to the sale of furniture

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