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During the year, Ravenna paid a $14,100 cash dividend and it sold a piece of equipment for $7,050 that had originally cost $16,800 and had accumulated depreciation of $11,200. The company did not retire any bonds or repurchase any of its own common stock during the year. Foundational 13-2 2. What net income would the company include on its statement of cash flows
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During the year, Ravenna paid a $14,100 cash dividend and it sold a piece of equipment for $7,050 th...
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