Carolina Company sold a machine for $12,000 cash,which had an original cost of $19,000 and accumulated depreciation of $6,000.The amount of cash provided by this sale is:

Question

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The cash provided by the sale is equal to the selling price of the machine, which is $12,000. The original cost and accumulated depreciation are irrelevant to determining the cash provided by the sale.

Carolina Company Sold a Machine for $12,000 Cash,which Had an Original