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Business, 20.02.2020 02:04 ravensenpai423

Here is selected financial statement data regarding a company's property, plant, and equipment.

Balance Sheet: Dec. 31, 2018 Dec. 31, 2017
Property, plant, and equipment $ 1,725,000 $ 1,600,000
Accumulated depreciation 520,000 465,000
Income Statement: 2018
Depreciation expense $ 90,000
Gain on sale of property, plant, and equipment 6,000

Acquisitions of PPE were $500,000 during the year.

In the statement of cash flows, the investing activities section should show a cash receipt from "sales of property, plant, and equipment" for $

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Here is selected financial statement data regarding a company's property, plant, and equipment.
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