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Romanova Inc. decides to sell an old piece of equipment and receives $ 5 , 0 0 0 cash for it . The original cost
Romanova Inc. decides to sell an old piece of equipment and receives $ cash for it The original cost of the equipment was $ and it had accumulated depreciation of $ associated with it
Which of the following items would be increased by the sale of the old equipment? check all that apply
Gain on Sale
Total Assets
Net Income
Cash from Investing Activities
Cash from Operating Activities
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