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question 69

Multiple Choice

[The following information applies to the questions displayed below.]
An analysis of changes in selected balance sheet accounts of Johnson Corporation shows the following for the current year:
Johnson's income statement for the current year includes a $14,000 loss on disposal of plant assets.All payments and proceeds relating to purchase or sale of plant assets were in cash.
-Total cash proceeds received by Johnson from sales of plant assets during the current year amounted to:

• A)$ 13,000.
• B)$ 104,000.
• C)$195,000.
• D)$ 41,000.

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Definitions:

Behavior

The way in which one acts or conducts oneself, especially towards others.

Assessment

The process of evaluation or estimation of the nature, quality, or ability of someone or something.

Extraversion

A personality trait characterized by outgoing, energetic behavior, and enjoyment of being around other people.

Plato

An ancient Greek philosopher renowned for his contributions to Western philosophy, including his theory of forms and dialogues on ethics and epistemology.