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What should be reported on the cash flow and income statement in case the company sells its asset on Dec 31, 2020 at 12 000

  1. What should be reported on the cash flow and income statement in case the company sells its asset on Dec 31, 2020 at 12 000 EUR after having bought it on Jan 1, 2017, 4 years ago for 10 000 (depreciation rate 20%, salvage value 0EUR)? Show your calculations.

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