The T accounts for equipment and the related accumulated depreciation for Cullumber Corporation are as...
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The T accounts for equipment and the related accumulated depreciation for Cullumber Corporation are as follows: In addition, Cullumber's income statement reported a loss on the sale of equipment of $1,580. What will be reported on the cash flow statement with regard to the sale of equipment if Cullumber uses the indirect method? (Show amounts that decrease cash flow with either a-sign es. 15,000 or in parenthesis eg. (15,000).) Operating activities: Investing activities
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