Avatar Company uses the indirect method to prepare its statement of cash flows. During 2014, plant assets with book value of $10,000(cost $10,000 and accumulated depreciation $0)were sold for $14,000. Using the worksheet shown below, enter the adjustments needed to record the sale of plant assets and gain on sale of plant assets of $4,000. 
Net Increase (Decrease)in Cash
Total
Definitions:
Market System
A system of economics where the choices about investment, production, and distribution rely on the principles of supply and demand, and the pricing of goods and services is established freely in the market.
Business Risk
The potential for losses or less than expected returns stemming from the operational aspects of a business.
Macroeconomy
The study of the performance, structure, and behavior of an economy as a whole, including total national income, GDP, and inflation rates.
Market System
A financial structure in which the choices about investment, production, and allocation are directed by the pricing cues generated by supply and demand dynamics.
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