Question: A corporation uses the indirect method of preparing the statement of cash flows. A fixed asset has been sold for $27,367, representing a gain of

A corporation uses the indirect method of preparing the statement of cash flows. A fixed asset has been sold for $27,367, representing a gain of $3,436. The value of this transaction appearing in the operating activities section of the statement of cash flows is a. $30,803 Ob. $(3,436) O c. $27,367 d. $23,931

A corporation uses the indirect method of preparing the statement of cash flows: A fixed asset has been sold for $27,367, representing a gain of $3,436. The value of this transaction appeaning in the operating activities section of the statement of cash flows is 2530.503 h. $(3,436) c. $27,367 (4) 529,931

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