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Question(s) / Instruction(s):

 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:

a)            $45,000

b)            Zero. This is an operating activity.

c)            $11,000

d)            $56,000

e)            Zero. This is a financing activity

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