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Sorry it's upside down please help During the year, equipment with an original cost of $17,000, and accumulated depreciation totaling $16, 800 was sold for
Sorry it's upside down please help
During the year, equipment with an original cost of $17,000, and accumulated depreciation totaling $16, 800 was sold for $3, 600. Dividends were declared and paid during the year. How much cash was used to acquire new equipment during 2014? $3, 600 $27, 600 $41,000 $24,000 Kingston Jerk Factory reported the following results for 2014: Marquette Decor is a merchandiser that operates a small retail store Comparative balance sheets for the years ending December 31, 2014 and 2013 and its income statement for 2014 follow. During the year, equipment with an original cost of $17,000, and accumulated depreciation totaling $16, 800 was sold for $3, 600. Dividends were declared and paid during the year. How much cash was used to acquire new equipment during 2014? $3, 600 $27, 600 $41,000Step by Step Solution
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