Statement of cash flows, A machine with a cost of $156,000,

Statement of cash flows

Reference no: EM13915151

A machine with a cost of $156,000, current year depreciation expense of $23,500 and accumulated depreciation of $98,000 is sold for $50,400 cash. The amount(s) that should be reported in the operating section of the statement of cash flows is:

a $23,500.

b $5,040.

c $73,900.

d $17,100.

e $31,100.

Reference no: EM13915151

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