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A machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
Credit Availability
The simplicity of securing loans and different types of credit for individuals and companies from finance companies.
Consumer Durable
Long-lasting goods purchased by consumers that are not consumed quickly and provide utility over time, such as appliances and vehicles.
Consumer Nondurable
Goods that are consumed quickly and must be purchased regularly, such as food, beverages, and toiletries.
Service
An intangible commodity that involves providing labor or expertise in exchange for payment.
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