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A machine with a cost of $133,000 and accumulated depreciation of $86,500 is sold for...

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Accounting

A machine with a cost of $133,000 and accumulated depreciation of $86,500 is sold for $53,000 cash. The amount that should be reported in the operating activities section reported under the indirect method is: A. $53,000 B. $6,500 C. $46,500 D. Zero. This is an investing activity E. Zero. This is a financing activity
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A machine with a cost of $133,000 and accumulated depreciation of $86,500 is sold for $53,000 cash. The amount that should be reported in the operating activities section reported under the indirect method is: A. $53,000 B. $6,500 C. $46,500 D. Zero. This is an investing activity E. Zero. This is a financing activity

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