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Determine the original cost of the equipment

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Question - Cassidy lake corporation sold some of its equipment for 65,000. The indirect method statement of cash flows shows an addition to net income of 6,000. The accumulated depreciation on the equipment to date of sale was 63,000. Determine the original cost of the equipment?

a) 69,000

b) 71,000

c) 134,000

d) 122,000

Reference no: EM132896941

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