A machine with a cost of 166000 accumulated depreciation, Financial Accounting

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A machine with a cost of 166000 accumulated depreciation

A machine with a cost of $166,000 , accumulated depreciation of $103,000 and current year depreciation expenses of $26,000 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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Financial Accounting: A machine with a cost of 166000 accumulated depreciation

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Financial Accounting: A machine with a cost of 166000 accumulated depreciation

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