If a gain of $5,123 is realized in selling (for cash) office equipment having a book value
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Question:
If a gain of $5,123 is realized in selling (for cash) office equipment having a book value of $59,921, the total amount reported in the investing activities section of the statement of cash flows is
a. $5,123
b. $65,044
c. $59,921
d. $54,798
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