If a gain of $11,000 is realized in selling (for cash) office equipment having a...
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Accounting
If a gain of $11,000 is realized in selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is
a. $11,000
b. $66,000
c. $55,000
d. $44,000
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