Question: 28. When preparing the Statement of Cash Flow using the indirect method for the current year, which of the following statements would describe the proper

28. When preparing the Statement of Cash Flow using the indirect method for the current year, which of the following statements would describe the proper presentation of a decrease in the Investment account of $49,000 which occurred because of the sale of the Investment for cash of $60,000 ( a gain of $11,000)?

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