Maritime Marine Services
Selected data from the financial statements for the years ended December 31, 2020 and 2019, are presented below: The following additional information was obtained from the company's records:
-Refer to Maritime Marine Services. Assuming that the book value of the property, plant and equipment disposed of during 2020 was $90, what were the cash proceeds from the disposal?
Correct Answer:
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$90 (Book value...
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