A machine with a cost of $200,000 and accumulated depreciation of $100,000 is sold for $80,000 cash. The amount reported as a source of cash under cash flows from investing activities is

A. $20,000
B. $80,000
C. $100,000
D. zero; this is a financing activity
E. zero; this is a operating activity

Ans: B. $80,000

Economics

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