CFI scenarios0

CFI scenarios0 - $1,900 CFI Cash received from equipment...

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Calculating CFI components Scenario 1 No sales of equipment took place during the year. Accumulated Depreciation 1000 500 2000 1000 3000 1500 CFI: Cash used in investing activities -$2,000
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reciation expense for the year is $1,000
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Scenario 2 No equipment purchases took place during the year. Equipment was sold at $200 gain. Accumulated Depreciation 3000 500 2000 300 1000 1000 1200 $1,700 Book value of equipment sold: $1,700 Add gain on sale $200 Total proceeds from sale
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Unformatted text preview: $1,900 CFI: Cash received from equipment sales $1,900 reciation expense for the year is $1,000 Scenario 3 PP&E changes from $1,000 to $3,500. Accumulated Depreciation changes from $500 to $2,000. Dep Equipment purchases during the year were $5000. Equipment was sold at $700 loss. PP&E Accumulated Depreciation 1000 500 5000 2500 500 2000 3500 2000 $1,700 Book value of equipment sold: $2,000 Subtract loss from sales-$700 Total proceeds from sale $1,300 CFI: Cash received from equipment sales $1,300 Cash paid for equipment purchased ($5,000) CFI ($3,700) reciation expense for the year is $2,000...
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CFI scenarios0 - $1,900 CFI Cash received from equipment...

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