mattel inc is the leading toy maker in the world the company revenues exceed 6 billion in the toy business it is very

/in /by

On April 1, 2015, the machine was sold for $ 52,000 cash.
Required:
1. How old was the machine on January 1, 2015? Show computations.
2. Indicate the effect (i.e., the amount and direction, increase or decrease) of the sale of the machine on April 1, 2015, on the following (ignore income taxes):
a. Total assets.
b. Net earnings.
c. Cash flows (by each section of the statement: operating, investing, and financing activities).