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How would this be shown in the operating section

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Reference no: EM132800409

Question - During the year, ABC Company sold equipment, which costs $300,000 and on which accumulated depreciation totaled $100,000 on the date of sale, was sold for $220,000.

Required -

a) How would this shown in the investing section of the cash flow statement?

b) How would this be shown in the operating section of the cash flow statement?

Reference no: EM132800409

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