Question: Remaining Time: 1 hour, 24 minutes, 38 seconds. Question Completion Status: Moving to another question will save this response, Question 15 An old machine is

Remaining Time: 1 hour, 24 minutes, 38 seconds. Question Completion Status: Moving to another question will save this response, Question 15 An old machine is being replaced by a newer model and will be sold for more than its book value at the time of the replacement. Consider the following list of three items I selling price of the new machine II. tax effect of sale of old machine Il selling price of the old machine, Which of these represent initial cash outflows? I only Ob only ll only Od d. Both and Both it and ill

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