Question: Land costing $ 9 6 , 7 4 6 was sold for $ 7 9 , 2 7 5 cash. The loss on the sale

Land costing $

96, 746

was sold for $

79, 275

cash. The loss on the sale was reported on the income statement as "Other expense." On the statement of cash flows, what amount should be reported as an inverting setivty from the sale of land?

.

176, 021

.

17, 471

.

79, 275

. 596, 746

Land costing $ 9 6 , 7 4 6 was sold for $ 7 9 , 2

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