ament CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Brief Exercise 165 a-b At January 1, 2020, Benny Enterprises reported a balance in the Equipment account of $45,000. During the year the company purchased equipment with a cost of $60,000 and sold equipment with a book value of $30,000. The company reported a loss on the sale of equipment of $4,000. Assume the indirect method is used. Determine what amount will be reported in the operating activities section. Operating Activities Determine what amount will be reported in the investing activities section with regard to the purchase and sale of equipment. Purchase of Equipment Sale of Equipment Privacy Policy 2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons. Ins " 80 14 MacBook Pro 802 Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER DO 9 37 115 8 GE Version 4.24.20.2 HE G