(Solution) - Vinson Co sold a machine that cost 74 000 and had -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Pages: 5 Words: 1375

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Vinson Co. sold a machine that cost $74,000 and had a book value of $44,000 for $50,000. Data from Vinson's comparative balance sheets are:



Instructions
What four items should be shown on a statement of cash flows (indirect method) from this information? Show yourcalculations.