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Work Part 1 Saved Check my work mode: This shows what is correct or incorrect for the work you have comple The plant assets section

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Work Part 1 Saved Check my work mode: This shows what is correct or incorrect for the work you have comple The plant assets section of the comparative balance sheets of Anders Company is reported below. 2016 ANDERS COMPANY Comparative Balance Sheets 2017 Plant assets Equipment $ 190,000 Accum. Depr.-Equipment (104.000) Equipment, net $ 86,000 Buildings $ 390,000 Accum. Depr.-Buildings (106,000) Buildings, net $ 284,000 $280,000 (214,000) $ 66,000 $410,000 (291,600) $ 119,000 QS 12-5 Indirect: Computing investing cash flows LO P2 During 2017, equipment with a book value of $42,000 and an original cost of $220,000 was sold at a loss 1. How much cash did Anders receive from the sale of equipment? & Answer is complete but not entirely correct. Cash received from the sale of equipment $ 45,400

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