A machine with a cost of $132,000, accumulated depreciation of $86,000, and current year depreciation expense of $17,500 is sold for $40,800 cash. The amount that should be reported as a source of cash

A machine with a cost of $132,000, accumulated depreciation of $86,000, and current year depreciation expense of $17,500 is sold for $40,800 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:

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A machine with a cost of $132,000, accumulated depreciation of $86,000, and current year depreciation expense of $17,500 is sold for $40,800 cash. The amount that should be repo…

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