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Question(s) / Instruction(s):

An analysis of the general ledger accounts indicates that office equipment, which cost $67,000 and on which accumulated depreciation totaled $22,500 on the date of sale, was sold for $38,600 during the year.

Using this information, indicate the items to be reported on the statement of cash flows.


$67,000 Cost of office Equipment

$22,500 accumulated depreciation

$38,600 sales price

$5,900 loss on sale of equipment (assume the indirect method is used)

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