A machine with a cost of $156,000, current year depreciation expense of $23,500 and accumulated...
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Accounting
A machine with a cost of $156,000, current year depreciation expense of $23,500 and accumulated depreciation of $98,000 is sold for $50,400 cash. The amount(s) that should be reported in the operating section of the statement of cash flows is:
a $23,500.
b $5,040.
c $73,900.
d $17,100.
e $31,100.
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