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3 June, 15:12

A machine with a cost of $138,000 and accumulated depreciation of $93,000 is sold for $54,000 cash. The amount that should be reported

as a source of cash under cash flows from investing activities is:

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Answers (1)
  1. 3 June, 16:51
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    You simply take away the $93,000 because it is depreciation. Which is negative. So thats why it was sold for less.
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