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How should the above information be treated on the

Question -

Cannon Co. reported a loss of $16,000 on the disposal of capital equipment that had an original cost of $250,000 and accumulated depreciation of $220,000 at the time of the sale.

How should the above information be treated on the statement of cash flows, assuming that Cannon uses the indirect method?

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Accounting Basics: How should the above information be treated on the

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