Question: Question 3 3 pts Joe is analyzing cash flows for the investing activities section of the Statement of Cash Flows. Here is some information from

 Question 3 3 pts Joe is analyzing cash flows for the

Question 3 3 pts Joe is analyzing cash flows for the investing activities section of the Statement of Cash Flows. Here is some information from the comparative balance sheets for the year: Beginning Balance PPE Beginning Balance Ending Balance $2,500,000 2,800,000 1,000,000 700,000 Accumulated Depr on PPE Depreciation expense was $100,000 and there was one purchase of equipment for $1,000,000 cash at the end of the year and equipment was sold for cash during the year at a gain of $50,000 how much would be included in the Statement of Cash flows for "Proceeds from the Sale of Equipment"? (enter whole numbers without dollar signs)

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