What amount innovativeness report on cash flows statement

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Reference no: EM132184638

Question - Camera Co. sold equipment with a cost of $22,000 and accumulated depreciation of $6,000 for an amount that resulted in a gain of $5,000. What amount should Innovativeness report on the statement of cash flows as "proceeds from sale of plant assets"?

A. $11,000

B. $16,000

C. $21,000

D. Some other amount

Reference no: EM132184638

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