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If a company has both a receipt and payment of cash related to the acquisition of equipment for $14200 cash and the sale of machinery

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If a company has both a receipt and payment of cash related to the acquisition of equipment for $14200 cash and the sale of machinery for $10500 cash, the two cash effects can be netted and presented as one item in financing activities. O cash receipt from the sale and cash payment for the acquisition should be reported separately in investing activities. O cash receipt and cash payment should be reported separately in financing activities. O two cash effects can be netted and presented as one item in investing activities

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