A Machine with a Cost of $130,000,accumulated Depreciation of $85,000,and

question 69

Multiple Choice

A machine with a cost of $130,000,accumulated depreciation of $85,000,and current year depreciation expense of $17,000 is sold for $40,000 cash.The amount that should be reported as a source of cash under cash flows from investing activities is:

• A)$45,000.
• B)$5,000.
• C)$17,000.
• D)$28,000.
• E)$40,000.

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Definitions:

Species Richness

A measure of the number of different species present in a specific ecological community or region.

National Forest

Federally designated areas of public lands managed for conservation, recreation, and extraction of resources like timber.

Grazed Pasture

Land covered with grass and other low plants suitable for livestock animals to feed on, typically managed through controlled grazing.

City

A large human settlement characterized by a significant population, economic activities, and infrastructure.