Squeeze Industries produced the following items related to the statement of cash flows: Equipment -...
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Accounting
Squeeze Industries produced the following items related to the statement of cash flows: Equipment - beginning balance: $65,000; ending balance: $72,000 Accumulated depreciation, equipment - beginning balance: $22,000; ending balance: $18,000 Depreciation expense, equipment: $13,000 Gain on sale of equipment: $8,000 Cash purchase of new equipment: $30,000 One equipment sale was made for cash. How much cash was received from this sale? Numeric Response
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