Calculations for Statement of Cash Flows

question 87

Essay

Calculations for statement of cash flows.During 2015 equipment was sold for $73,000. This equipment cost $120,000 and had a book value of $72,000. Accumulated depreciation for equipment was $325,000 at 12/31/14 and $310,000 at 12/31/15.
InstructionsWhat three items would be shown on a statement of cash flows (indirect method) from this information? Show your calculations.

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Definitions:

Painful Procedures

Medical or surgical operations that cause discomfort or distress to patients.

Psychological Research

The scientific study of the mind and behavior, using various methods to explore perception, cognition, emotion, and social processes.

Unacceptable Treatments

Refers to medical or therapeutic interventions that are deemed inappropriate, ineffective, or harmful by the healthcare community.

Ethical Dilemmas

Situations where an individual must choose between options that are all ethically challenging or in conflict with moral principles.