Lori Company sold an operational asset,a machine,for cash.It originally cost $20,000.The accumulated depreciation at the date of disposal was $15,000.A gain on the disposal of $2,000 was reported.What was the cash inflow from this transaction?
A)$3,000.
B)$4,000.
C)$5,000.
D)$7,000.

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The Answer of Lori Company sold an operational asset,a machine,for cash.It originally cost $20,000.The accumulated depreciation at the date of disposal was $15,000.A gain on the disposal of $2,000 was reported.What was the cash inflow from this transaction?
A)$3,000.
B)$4,000.
C)$5,000.
D)$7,000.

Lori Company Sold an Operational Asset,a Machine,for Cash