Depreciation on the income statement

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Last year Art charged $680,000 Depreciation on the Income Statement of Andrews. If early this year Art sold all its depreicable assets for their book value, the effect on Andrews's financial statements would be (all other items remaining equal): Select: 1Save Answer No impact on Net Cash from operations Just impact the Balance Sheet Increase Net Cash from operations Decrease Net Cash from operations on the Cash Flow Statement.

Reference no: EM131133735

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