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The Oak Ridge Storage Company had the following balances in its Equipment and Accumulated Depreciation on Equipment accounts at the beginning and end of 2021:
The Oak Ridge Storage Company had the following balances in its Equipment and Accumulated Depreciation on Equipment accounts at the beginning and end of 2021: Equipment Accumulated depreciation equipment January 1 5100,700 34.500 December 31 $125.500 20.200 During 2021, Oak Ridge engaged in the following transaction levoeg equipment Sold ecruipment that originally cout $25,000 and had a current book value of $9.000 for $16,900. This was the only sale of equipment Net income for 2021 was $366.600 How much equipment-related depreciation expense did the Oak Ridge Storage Company record during 2021 Depreciation expense 5 e Textbook and Media What was the cost of equipment purchased during the year? Cost of equipment purchased $ Textbook and Media Using this limited information, prepare the operating and testing activities sections of the statement of cash flows. Here you will assume that there were no changes in current asset and current liability accounts other than cash (Enter amounts that decrease cash flow either with a negative sin preceding the numbers.-15.000 ar parenthesis (15.000! Oak Ridpe Storage Company Statement of Cash Flows For the Year Ended December 31, 2021 5 V
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