A machine with a cost of $139,000 and accumulated depreciation of $89,500 is sold for $59,000 cash. The amount that should be reported in the operating activities section reported under the direct method is:
A. $0.
B. $9500.
C. $49,500.
D. $30,500.
E. $59,000.
Answer: A
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Answer the following statement true (T) or false (F)
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What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
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