Your company sold assets with a book value of $20,000 for $15,000 cash and replaced those assets with new equipment that cost $40,000, putting $10,000 down and financing the rest. Cash Select an answer provided by used by investing was Select an answer $5,000 $20,000 $25,000 $40,000 .

Box 1: Select the best answer

Box 2: Select the best answer