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Prepare investing activities section of Splish statement

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Question - During 2020, Splish Ltd. sold a piece of equipment that was 25% depreciated. The equipment originally cost Splish $178,500 and Splish recorded a $20,000 gain on the disposal. Splish's opening balance in equipment was $1,820,000, and the closing balance on December 31, 2020, was $1,911,500. Prepare the investing activities section of Splish's statement of cash flows?

Reference no: EM133061193

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