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Business, 13.03.2020 04:40 oliviaprejean18

A machine with a cost of $176,000, current year depreciation expense of $28,500 and accumulated depreciation of $108,000 is sold for $58,400 cash. The total amount that should be reported in the operating section of the statement of cash flow in, indirect method is:

A. $28,500.
B. $5,840.
C. $86,900.
D. $14,100.
E. $38,100.

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A machine with a cost of $176,000, current year depreciation expense of $28,500 and accumulated depr...
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