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XYZ SOLD A PIECE OF EQUIPMENT FOR $15,000 CASH. THE EQUIPMENT COST $22,000 AND HAD ACCUMULATED DEPRECIATION OF $7,000. WHAT AMOUNT WAS REPORTED ON THE
XYZ SOLD A PIECE OF EQUIPMENT FOR $15,000 CASH. THE EQUIPMENT COST $22,000 AND HAD ACCUMULATED DEPRECIATION OF $7,000. WHAT AMOUNT WAS REPORTED ON THE STATEMENT OF CASH FLOWS AS "CASH INFLOW FROM THE SALES OF EQUIPMENT" AND WHICH ACTIVITY WAS IT INCLUDED IN ON THE STATEMENT OF CASH FLOWS? $15,000 FINANCING $0 INVESTING $15,000 OPERATING $15,000 INVESTING
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