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The T accounts for Plant Assets and Accumulated Depreciation for DOT Company at the end of 2011 are as follows:  In addition DOT Company’s income statement shows a gain on sale of plant assets of

The T accounts for Plant Assets and Accumulated Depreciation for DOT Company at the end of 2011 are as follows:  In addition, DOT Company’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 are to appear on the statement of cashflows.

May 14 2020 View more View Less

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