Mayflower Company Had a Machine with a Cost of $123,000

question 148

Multiple Choice

Mayflower Company had a machine with a cost of $123,000 and accumulated depreciation of $87,000 that was sold at for a gain of $5,000.What amount of cash was received from the sale?

• A)$30,000
• B)$36,000
• C)$41,000
• D)$128,000

---

Definitions:

Organizational Conflict

Disagreements or disputes between individuals or groups within an organization, often arising from differences in opinions, values, or interests.

Intergroup Bias

The tendency to favor one's own group over other groups, often resulting in prejudice and discrimination.

Interdependence

A condition where entities are reliant on each other, indicating a mutual dependency that influences outcomes and actions.

Group Favouritism

The tendency of individuals to give preferential treatment and favor members of their own group over those of other groups.