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The Records of Count Bases Pizzas Showed the Following

question 55

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The records of Count Bases Pizzas showed the following.
30 June 13 30 June 14
Pizza ovens and equipment $49 000 $53 000
Accumulated depreciation ovens and equipment 10 000 12 000
Cost of equipment sold 5000
Carrying value of equipment sold 3000
Proceeds of sale of equipment 4500
What is the investing cash outflow for equipment for the year ending 30 June 2014?


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