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Business, 17.12.2019 06:31 Samuelgamboe

Rent-a-wreck, inc.'s property, plant and equipment balance, net of depreciation, at the beginning of the year was $100,000 and at the end was $150,000. during the year, depreciation expense was $10,000 and $80,000 of new equipment was purchased for cash. what is the amount of proceeds from the disposal of property, plant, and equipment shown on the statement of cash flows for the year?

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