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Homework answers / question archive / If a loss of $25,000 is incurred in selling (for cash) office equipment having a book value of $90,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is: A) $25,000
If a loss of $25,000 is incurred in selling (for cash) office equipment having a book value of $90,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is:
A) $25,000.
B) $90,000.
C) $65,000.
D) $115,000.
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