Question: 1 . Milner Co . sold a machine that cost $ 7 9 , 0 0 0 and had a book value of $ 4

1. Milner Co. sold a machine that cost $79,000 and had a book value of $45,000 for $48,000. Data from Milner's comparative balance sheets are: 12/31/2112/31/20 Machinery $800,000 $670,000
Accumulated depreciation190,000136,000
Instructions What four items should be shown on a statement of cash flows (indirect method) from this information? Show your calculations.

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