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The Plant Assets account and Accumulated Depreciation Plant Assets account of Fun Place show the following E Click the icon to view the data.) Fun
The Plant Assets account and Accumulated Depreciation Plant Assets account of Fun Place show the following E Click the icon to view the data.) Fun Place sold plant assets at a 510,000 loss. Where on the statement of cash flows should Fun Place report the sale of plant assets? How much should the business report for the sale? O A. Investing cash flows-cash receipt of $ 36,000 B. Investing cash flows---cash receipt of $46,000 OC. Investing cash flows-cash receipt of $56,000 OD. Financing cash flows-cash receipt of $46,000 The Plant Assets account and Accumulated Depreciation Plant Assets account of Fun Place show the following E Click the icon to view the data.) Fun Place sold plant assets at a 510,000 loss. Where on the statement of cash flows should Fun Place report the sale of plant assets? How much should the business report for the sale? O A. Investing cash flows-cash receipt of $ 36,000 B. Investing cash flows---cash receipt of $46,000 OC. Investing cash flows-cash receipt of $56,000 OD. Financing cash flows-cash receipt of $46,000
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