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What adjustment to net income is necessary

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Question - A dental company sold an old piece of equipment for scrap value of $300. The equipment had originally been purchased for $2,500 four years ago and accumulated depreciation at the time of the sale was $1,800. What adjustment to net income is necessary when calculating operating cash flows? Use a positive number to indicate a positive adjustment or a negative number to indicate a negative adjustment.

Reference no: EM132613233

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