Increased by this equipment sale transaction

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Reference no: EM13790632

A company sold a piece of manufacturing equipment for $30,000 cash. The equipment had been listed on the balance sheet at a net book value of $25,000, so the company recorded a gain on sale of equipment of $5,000.

Which of the following items would be increased by this equipment sale transaction? (check all that apply)

a) Total Assets

b) Cash from Operations

c) Cash from Investing

d) Equipment

e) Net Income

Reference no: EM13790632

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