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The following selected information is from Mooney Company's comparative balance sheets. The income statement reports depreciation expense for the year of $36,000. Also, furniture costing

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The following selected information is from Mooney Company's comparative balance sheets. The income statement reports depreciation expense for the year of $36,000. Also, furniture costing $105,000 was sold for its book value on December 31, 2011. Complete the below table to calculate the cash received from the sale of furniture

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