Depreciation on the income statement

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Reference no: EM131295716

Last year Art charged $1,504,160 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):

A. Increase Net Cash from operations

B. Decrease Net Cash from operations on the Cash Flow Statement

C. No impact on Net Cash from operations

D. Just impact the Balance Sheet

Reference no: EM131295716

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