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A machine with a cost of $142,000 and accumulated depreciation of $97.000 is sold for $56,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is?
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A machine with a cost of $142,000 and accumulated depreciation of $97.000 is sold for $56,000 cash. The amount that should be reported

as a source of cash under cash flows from investing activities is?

User Ashwini Verma
by
8.6k points

1 Answer

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Answer

$142,000 $98,000

Explanation:

hope this helps you

User Karnage
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