FRA ( Cash Flow statement Question) wrong, please, someone

mp3bu

In calculating the CFI, The sale proceeds of the asset is computed using the net book value which deducts the accumlated depreciaton.
While in Scheweser notes, it says that the gross value of the asset is used and depreciation is ignored as it’s a non- cash item.
Would someone please clarify the scheweser point, maybe i got it the wrong way.
Thanks

cyber21

The ‘cash’ that comes in equals the amount you sold the asset for. Contributes to CFI. I think you have understood it wrong.