A Machine with a Cost of $190,000 and Accumulated Depreciation

question 41

Multiple Choice

A machine with a cost of $190,000 and accumulated depreciation of $95,000 was sold for $50,000 cash.The amount that should be reported as a source of cash under cash flows from investing activities is

• A)$50,000
• B)$80,000
• C)$120,000
• D)$35,000
• E)$45,000

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Definitions:

Latinas

Female individuals from or with ancestors from Latin America, recognized by their cultural, linguistic, or ancestral connections.

Family Obligations

Responsibilities and duties that individuals feel they owe to their family members.

Higher Education

An advanced level of education beyond high school, typically provided by universities and colleges, leading to the award of degrees.

Interracial Intimate Relationships

Romantic relationships between individuals of different racial or ethnic backgrounds.