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The following information applies to the questions displayed below. The plant assets section of the comparative balance sheets of Anders Company is reported below. ANDERS
The following information applies to the questions displayed below. The plant assets section of the comparative balance sheets of Anders Company is reported below. ANDERS COMPANY Comparative Balance Sheets 2017 2016 Plant assets Equipment Accum. Depr.-Equipment (136,ee0) (246,00e) Equipment, net Buildings $270,000 360e,e00 $134,00e $114,ee0 470,00 49e,eee Accum. Dep-Buildings (154, Buildings, net 316,800 $ 151,8e0 QS 12-5 Indirect: Computing investing cash flows LO P2 During 2017, equipment with a book value of $58.000 and an original cost of $300000 was sold at a loss of $6.60o. 1. How much cash did Anders receive from the sale of equipment? ived from the sale of equipment Next >
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