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The T accounts for plant assets and accumulated depreciation for Street Company at the end of 2014 follow In addition Street’s income statement shows a gain on sale of plant assets

The T accounts for plant assets and accumulated depreciation for Street Company at the end of 2014 follow.  In addition, Street’s income statement shows a gain on sale of plant assets of $8,800. Compute the amounts to be shown as cash flows from investing activities, and show how they appear on the statement of cashflows.

Apr 09 2020 View more View Less

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