Question: A corporation uses the indirect method of preparing the statement of cash flows. A fixed asset has been sold for $23,245, representing a gain of
A corporation uses the indirect method of preparing the statement of cash flows. A fixed asset has been sold for $23,245, representing a gain of $3,629. The value of this transaction appearing in the operating activities section of the statement of cash flows is
a.$(3,629)
b.$26,874
c.$19,616
d.$23,245
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