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A company uses the indirect method to prepare the statement of cash flows. It s reported under the operating activities section on the statement of cash flows? O A. The gain of $3,600 is added to net income. OB. Cash proceeds of $17,200 are subtracted from net income. OC. The gain of $3,600 is subtracted from net income. O D. Cash proceeds of $17,200 are added to net income. vs. It sold a piece of equipment at a gain of $3,600. The equipment was purchased several ows? oment was purchased several years ago for $71,500 and had accumulated depreciati o for $71,500 and had accumulated depreciation of $57,900. What is