Decrease net cash from operations on the cash flow statement

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Reference no: EM13991036

Last year Attic charged $3,260,000 Depreciation on the Income Statement of Andrews. If Attic sold a fully depreciated piece of equipment at a loss, the effect on Andrews's financial statements would be (all other items remaining equal):

Decrease Net Cash from operations on the Cash Flow Statement

Just impact the Balance Sheet

No impact on Net Cash from operations

Increase Net Cash from operations

Reference no: EM13991036

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