Aft sold a fully depreciated piece of equipment at a loss

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Last year Aft charged $2,912,000 Depreciation on the Income Statement of Andrews. If Aft sold a fully depreciated piece of equipment at a loss, the effect on Andrews's financial statements would be (all other items remaining equal):

Just impact the Balance Sheet

No impact on Net Cash from operations

Increase Net Cash from operations

Decrease Net Cash from operations on the Cash Flow Statement.

Reference no: EM131554206

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