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A machine with a cost of $158,000, accumulated depreciation of $99,000, and current year depreciation expense of $24,000 is sold for $51,200 cash. The amount that should be reported as a source of cash under cash flows from investing activities is:
a $47,800.
b $7,800.
c $24,000.
d $23,800.
e $51,200.
scott and quick are accountants for millenium computers. they disagree over the following transactions that occurred
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