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XYZ Co . sold equipment that originally cost $ 1 4 , 0 0 0 with accumulated depreciation of $ 1 1 , 0 0
XYZ Co sold equipment that originally cost $ with accumulated depreciation of $ for $ cash, resulting in a gain of $ Which of the statements below are correct regarding the treatment of this transaction on the statement of cash flows for the current period? Check all that apply.
Multiple select question.
$ is a cash inflow in investing activities.
$ is a cash inflow in investing activities.
$ is a cash outflow in investing activities.
$ is a cash inflow in operating activities.
$ is deducted from operating activities.
$ is a cash outflow in operating activities.
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