Question 3 Hark Company collected the following data in its accounting records in 2020: From...
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Accounting
Question 3 Hark Company collected the following data in its accounting records in 2020: From the income statement: Depreciation expense $1,100 Loss on sale of equipment 3,100 From the comparative balance sheet: Beginning balance, equipment $12,500 Ending balance, equipment 7,900 Beginning balance accumulated depreciation 1.900 Ending balance, accumulated depreciation 2,300 No new equipment was purchased during the year. Required: What was the cash in-flow from the sale of equipment in 2020
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You can see the logs in the Dashboard.