Grayton Company sold a piece of equipment for $3,000. The original cost was $15,000 and the...

  

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Grayton Company sold a piece of equipment for $3,000. The original cost was $15,000 and the accumulated depreciation prior to the sale was $10,000. What amount, if any, would appear in the operating activities section of the company's statement of cash flows prepared using the indirect method? Grayton Company sold a piece of equipment for $3,000. The original cost was $15,000 and the accumulated depreciation prior to the sale was $10,000. What amount, if any, would appear in the operating activities section of the company's statement of cash flows prepared using the indirect method?

Answer rating: 100% (QA)

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