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What were the cash proceeds from the sale

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Question - Beginning and ending plant assets are 325,000 and 370,000 respectively. Beginning and ending accumulated depreciation are $82,800 and $95,000 respectively. Depreciation expense for the period was $30,000 and new assets of $76,000 were purchased. Plant assets were sold at $10,500 loss. What were the cash proceeds from the sale?

Reference no: EM132064684

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