Question: Washburn Delivery Company sold a company car for 12 000 Its

Washburn Delivery Company sold a company car for $12,000. Its original cost was $35,000, and the accumulated depreciation at the time of sale was $20,000.

Required
How does the transaction to record the sale appear on a statement of cash flows prepared using the indirect method?


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  • CreatedMarch 11, 2015
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