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The following information relates to the non-current assets of Coltrane Co:
During the year ended 31 December 20X1 an asset which had originally cost $29,000 and had a carrying value of $10,000 was sold for $7,000. What net amount should be included in the statement of cash flows for the year ended 31 December 20X1 related to the purchase and sale of property, plant and equipment? The net amount that should be included in the statement of cash flows is: $________ |