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On December 1, 203, Harry Gryffindor of Harry's Pottery, Inc. sold...

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Accounting

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On December 1, 203, Harry Gryffindor of Harry's Pottery, Inc. sold a kiln to Rowena Ravencroft for $44,000 cash. The original cost of the kiln was $140,000, and had accumulated depreciation of $90,000 at the end of 202. Depreciation expense for the 11 months in 203 was $19,500. What amount should be reported as a source of cash under cash flows from investing activities

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