Question: A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $25,561 representing a loss of

A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $25,561 representing a loss of $3,964. Determine the amount that would appear in the operating activities section of the statement of cash flows based on this transaction.

$25,561

$21,597

$29,525

$3,964

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