Question: Your answers are saved automatically. Remaining Time: 2 hours, 45 minutes, 19 seconds. Question Completion Status: QUESTION 1 A machine acquired for R360,000 and depreciated

Your answers are saved automatically. Remaining Time: 2 hours, 45 minutes,

Your answers are saved automatically. Remaining Time: 2 hours, 45 minutes, 19 seconds. Question Completion Status: QUESTION 1 A machine acquired for R360,000 and depreciated by R210,000 was sold in the year for R180,000. Operating profit for the year, reported as R980,000, includes the gain on disposal of the machine. Ignoring depreciation and changes in working capital items, the amounts to be included in a statement of cash flows prepared on the indirect Method would be R120,000, R950,000 R180,000, R950,000 R180.000, R980,000 O R90,000, R980,000

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