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The Plant Assets account and Accumulated DepreciationPlant Assets account of Hudson Golf Club show the following: Click the icon to view the data.) Hudson Golf
The Plant Assets account and Accumulated DepreciationPlant Assets account of Hudson Golf Club show the following: Click the icon to view the data.) Hudson Golf Club sold plant assets at a $13,000 loss. Where on the statement of cash flows should Hudson Golf Club report the sale of plant assets? How much should the business report for the sale? . O A. Investing cash flows-cash receipt of $28,500 O B. Investing cash flowscash receipt of $54,500 O C. Investing cash flows-cash receipt of $41,500 OD. Financing cash flows-cash receipt of $41,500 Data Table 12/31/2017 Acquisitions 12/31/2018 Plant Assets 108,000 415,000 54,500 Disposals 468,500 Accumulated DepreciationPlant Assets 24,000 12/31/2017 Disposals 13,000 25,000 Depr. Exp. 36,000 12/31/2018 Print Done
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