Operating activities section on the statement of cash flows


A company uses the indirect method to prepare the statement of cash flows. It sold a piece of equipment at a loss of $3,600. The equipment was purchased several years ago for $70,500 and had accumulated depreciation of $52,900. What is reported under the operating activities section on the statement of cash flows?

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Accounting Basics: Operating activities section on the statement of cash flows
Reference No:- TGS094425

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