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.

---

Definitions:

Marry

The legal or formally recognized union of two people as partners in a personal relationship.

Divorce

A court or duly authorized body's act of formally dissolving a marital relationship.

Sleep Deprived

The condition of not having enough sleep, which can affect both physical and mental health.

Increased Energy

A state characterized by a higher level of bodily or mental vigour and capacity for activity.