Question: 32) Sustainability Enterprises uses the direct method when preparing its statement of cash flows. Sustainability sold equipment with a carrying amount of $22,000 at a

32) Sustainability Enterprises uses the direct method when preparing its statement of cash flows. Sustainability sold equipment with a carrying amount of $22,000 at a gain of $5,000. The amount to be reported on the statement of cash flows under "proceeds from the sale of capital assets" is:

A) $27,000

B) $22,000

C) $17,000

D) $5,000

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