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Find the total amount reported in the cash flows

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Reference no: EM132530092

Question 1: If a loss of $25,000 is incurred in selling (for cash) office equipment having a book value of $90,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is

Option A. $115,000.

Option B. $65,000.

Option C. $25,000.

Option D. $90,000.

 

Reference no: EM132530092

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