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Question(s) / Instruction(s):

A company reported beginning plant assets, net of depreciation, of $645,000 and an ending amount of $732,500. Depreciation expense of $48,300 and a loss on the sale of equipment of $5,600 were reported on the income statement. The company required $213,000 of plant asset during the year.


How much will be reported as cash received from the sale of equipment in the investing activities section of statement of cash flows?

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