Question: Help Save & Exit A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold for

 Help Save & Exit A machine with a cost of $130,000,

accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is

Help Save & Exit A machine with a cost of $130,000, accumulated depreciation of $85,000, and current year depreciation expense of $17,000 is sold for $40,000 cash. The amount that should be reported as a source of cash under cash flows from investing activities is: Multiple Choice $45,000. $5,000. $17,000. 8 O $5,000. O $17,000. O $28.000. O $40,000

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